Meanwhile in most areas outside SV/NYC computer programming during bubbles, there is a large excess of qualified workers vs positions This is simply not true.

Meanwhile in most areas outside SV/NYC computer programming during bubbles, there is a large excess of qualified workers vs positions This is simply not true. There are many, many industries requiring high-skilled employees who are hard to replace. You mentioned one example of an industry with high supply vs demand, and it happens to be the one most obvious example. You'd have to come up with lots more examples to show that this is the norm. The[0] evidence[1] shows[2] otherwise[3]. [0]: http://www.forbes.com/sites/emsi/2013/03/07/americas-skilled-trades-dilemma-shortages-loom-as-most-in-demand-group-of-workers-ages/ http://www.forbes.com/sites/emsi/2013/03/07/americas-skilled... [1]: http://www.cnbc.com/2015/07/20/survey-shows-growing-us-shortage-of-skilled-labor.html http://www.cnbc.com/2015/07/20/survey-shows-growing-us-short... [2]: http://www.nytimes.com/2013/10/09/business/economy/stubborn-skills-gap-in-americas-work-force.html http://www.nytimes.com/2013/10/09/business/economy/stubborn-... [3]: http://www.wsj.com/articles/small-business-owners-work-to-fill-job-openings-1404940118 http://www.wsj.com/articles/small-business-owners-work-to-fi...