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Study Predicts 9% Drop In Salaries of New CS Grads This Year
Jim_Austin writes: The first report on the class of 2015 from the respected National Association of Colleges and Employers (NACE), which conducts surveys of employers' hiring intentions throughout the year, projects a 9% drop in the salaries of new computer science bachelor's degree graduates, from $67,300 in 2014 to $61,287 this year.
Reader phantomfive sends this news on a related subject:
The Brookings Institute has released a report showing where the tech jobs are in the United States. Of course, San Jose comes in first, but Kansas is high up in the list. Michigan and Utah also were surprisingly high. On the other hand, if you live in Minnesota and you think there are no tech jobs, you are probably right.
The last 2 times this happened were the 1980s and early 2000s.
Businesses always cut IT first as their is no perceived value and is easily outsourced whenever a recession starts
http://saveie6.com/
In my experience, someone in Texas or North Carolina or wherever makes 10k MORE than someone on the coast. For some reason, the higher the cost of living in the area I am offered a job, the lower the salary.
Focus effort on K-12 education. Stop funding college education for everyone. No government support for student loans; no free college from taxpayer money. When the businesses sweat, tell them ... tell them we have workers here, and that they can certainly find our fine, educated young men chomping at the bit, ready to take low salaries and transfer time-consuming grunt work off those high-salaried professionals while their employer works with them and funds their further education.
You know, make the people who know what jobs they need, what expansion they expect, and what it is their business does take the social responsibility of building the American workforce.
We're so obsessed with putting high risks on the individual, demanding they speculate on the greater market, take on the risk of unemployment themselves, go years without building their career to get an education, and then hope that everyone else didn't see the same opportunity and speculate the same way and flood the market. It is the poor who can least sustain themselves when this risk fails them, and the rich who stand to benefit most from this method of operation. This arrangement benefits businesses by producing cheap, surplus, skilled labor; it benefits the middle class and upper class by providing them a stronger position in their self-driven education than the poor; and it benefits the poor least by burdening them with the consequences of dicking around in college hoping for a future career when they could be trying to get into their career now, immediately, for pay--a burden that the poor are less capable of carrying than the more affluent.
But no, we don't see the poison; we only see the plate.
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Rightly or wrongly, doctors and lawyers have well-established blocks that effectivly bar outside competition.
Honestly, I don't get where all this doom and gloom about software engineering career opportunities is coming from all over slashdot.
It is called "selection bias". The people gainfully employed are too busy to post.