Cobol and Algol are still widely used. You will not find them working for your latest and largest technology firms, but you can bet your insurance company claims this process. Your health insurance company certainly uses it. Reports of Kobol's death are greatly exaggerated.
You will find difficulties in colleges and places that will really teach you Cobol or Algol. Therefore, finding developers for these so-called dead languages ββis becoming more and more difficult. It is very difficult to tell a child leaving high school who has been programming in Java, iOS and Perl for half his life when Cobol is where the money is.
Cobol / Algol is getting harder and harder for developers, so if you have this language in your back pocket, it will only help you. Algol is much more difficult language, in my opinion, to get good. You can teach someone with a half brain how to program in Cobol.
These languages ββwill not disappear anytime soon. While companies such as IBM and Unisys provide compilers for them on mainframes, they will continue to evolve. So, grab a book and an open source compiler and clean it up. A lot of people are looking for Cobol / Algol developers.
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