Comp Sci isn't the only way (nor the only major) that can satisfy the conditions of software development jobs. Thats a pretty narrow lens. You need to also look at adjacent majors like Software Engineering, Software Development etc. A lot of smaller regionally accredited universities in the US have diversified on this. The pool is much bigger than 50K.
you're also discounting the fact that there are layoffs, businesses closing etc. There may be 500K new positions per year, and say 250K layoffs / closures etc that isn't accounted for in this. Now I don't have the numbers on total layoffs but this should be adjusted.
I would heavily dispute this problem on the whole. Look at how hard it is to get hired as experienced engineers right now, that tells me there is less slack in the system than this leads on.
H1B is also suppose to have a unable to train element, which needs to also be addressed
EDIT: and as others pointed out, that is taking the stats on their face value, which is questionable in and of itself, as the source is a bit dubious
> Look at how hard it is to get hired as experienced engineers right now
I think that’s just what happens when you flood the market with 200,000 qualified people in a short amount of time (and those people have extremely narrow definitions for what counts as a good enough job). The overall trend, measured in decades, remains that there just aren’t enough software engineers.
Yes even including all the software engineers that didn’t study comp sci. Even outside USA it’s rough. When I was in college the average completion time for a comp sci degree was 7 to 8 years because people kept getting jobs and forgot to graduate. All our professors complained about the sky-high 3rd/4th year dropout rates.
you're also discounting the fact that there are layoffs, businesses closing etc. There may be 500K new positions per year, and say 250K layoffs / closures etc that isn't accounted for in this. Now I don't have the numbers on total layoffs but this should be adjusted.
I would heavily dispute this problem on the whole. Look at how hard it is to get hired as experienced engineers right now, that tells me there is less slack in the system than this leads on.
H1B is also suppose to have a unable to train element, which needs to also be addressed
EDIT: and as others pointed out, that is taking the stats on their face value, which is questionable in and of itself, as the source is a bit dubious