There is no tech labor shortage. No study, other than those sponsored by the industry, has ever shown a shortage. Wages, both for new graduates and establishe

There is no tech labor shortage. No study, other than those sponsored by the industry, has ever shown a shortage. Wages, both for new graduates and established professionals, have been stable in the engineering and programming fields. Starting salaries for new computer science graduates were up about 3% in Spring 2011, according to NACE; a 2011 DICE report, in spite of claiming a shortage, concedes that overall tech salaries are up 1%; a San Jose Mercury News article in July 2011 reports a strong job market in Silicon Valley, but also states that wages are up only 3% since 2009. None of these figures indicates a labor shortage. A 2007 Urban Institute study found that the universities are producing more than enough graduates at the bachelor's level in STEM. Figures for students graduating with computer science degrees cannot be used to determine whether we have a shortage of people qualified for computer science jobs. Most people in the computer field, including those in software development, have their degrees in fields other than computer science. In 2012 congressional testimony, Texas Instruments admitted that they have plenty of American engineering job applicants at the bachelor's level. [ http://heather.cs.ucdavis.edu/h1b10min.html http://heather.cs.ucdavis.edu/h1b10min.html ]