05/31/2012 01:42 pm ET Updated Jul 31, 2012

Is There a High Tech Worker Shortage In The US?

Alarm bells over the lack of high-tech workers in the U.S. have been ringing for years, turning the story into near-legend.

But is the worker shortfall still a fact? While a consensus is elusive, many industry experts say yes, and the problem is growing.

"When I hear from employers that there is a shortage, I believe them," says Steve Langerud, director of professional opportunities at DePauw University and a workplace consultant.

"Firms know how real it is. They see how much money it costs them by having to pay a premium for talent, and they see the money lost in services they cannot provide to clients because they don't have workers," adds Langerud.

The long-term scarcity springs from a deficient educational system, says Terry Howerton, managing partner of TechNexus, a tech incubator firm based in Chicago.

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