Wanted: Well-Read Techies

William Martin, a senior at Roanoke College in Virginia, has a handicap: he's a psychology major looking for a job in the new economy.

As colleges and universities send another wave of graduates out into the world this spring, thousands of other job seekers with liberal-arts degrees like Martin's find themselves in a similar bind. True enough, this is an era of record-breaking lows in unemployment. But technology companies, which are contributing the lion's share of new jobs, are simultaneously declaring a shortage of qualified workers. The emphasis is on the word qualified.

It's no surprise that high-tech companies rarely...

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