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Tech jobs way-up for those with advanced degrees
This article by
Businessweek notes that there is a new tech boom, but it is not
the "we will take anybody" boom of the late 1990's where
desperate employers would hire tech workers without a formal
background in Information Technology or computer Science.
Instead, low-level jobs that do not require a college education
are being outsourced overseas, while the demand for this with
Bachelors or Master degrees in Information Technology and
Computer Science remains very strong:
"The tech job
market has sprung back to life despite ongoing fears over
outsourcing and the fallout from the tech recession. In 2005
some 125,000 tech jobs were created, according to Moody's
Economy.com. This year, predicts Mark Zandi, chief economist
of Economy.com, the industry will have its best year since
2000, creating 217,000 jobs with rising wages. "
This articles also notes that those with Masters Degrees are in
high-demand as software developers:
"Last summer, Davis' investment paid off. After getting
his M.A. in computer science, Davis interviewed with 25
companies for various software engineering jobs. He ended up
with offers from Lockheed Martin (LMT), Microstrategy (MSTR),
and Altera (ALTR). "
This superb report notes that high-level IT jobs in software
engineering and computer science are not being outsourced:
"High-level software engineers, management consultants, and
computer scientists are hot, while low-level engineering
jobs continue to be shipped overseas. "We've been hiring at
a rate of 10 people per day" for the last year or so, says
Lynn Fox, a Google spokesperson. "It hasn't slowed." As of
the third quarter in 2005, Google had 4,989 employees, up
from 3,021 at the end of 2004. On its Web site, Google has
openings for 707 U.S. jobs, as well as hundreds more
overseas. "
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