U.S. Bureau of Labor Statistics, 1999. The Job Market for IT Professionals. 1996 : venture capitalists started to invest heavily in Internet companies. IT employment exploded, and IT enrollments in universities soared.
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U.S. Bureau of Labor Statistics, 1999
Unemployment among IT professionals fell to 2.5% (compared to 4.7% for the population as a whole)
A strong demand for entry-level IT professionals in April 2006 (source: Monster.com )
2006 - Present
The number of students in IT programs has not rebounded enough to meet today’s demand.
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