Study Predicts 9% Drop In Salaries of New CS Grads This Year

Posted by Soulskill on Tuesday February 3, 2015 @08:52AM from the gotta-keep-that-stem-shortage-looking-short dept.

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.

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Thanks Obama by Anonymous Coward · 2015-02-03 09:02 · Score: 5, Insightful

All those H1Bs are taking effect! No wonder the tech industry loves the prez.
The world is falling apart at the seams by melchoir55 · 2015-02-03 09:05 · Score: 5, Insightful

Clearly the shortage of tech workers has gotten so bad in the USA that the laws of supply and demand no longer hold true. Cats and dogs are living together, and pigs fly through the air with reckless abandon!
Congress must act to raise the H1B cap even further before it's too late.