January 16, 2004
@ 02:37 AM

From Yahoo! News we learn Outsourcing Contributes To IT Salaries' Downward Spiral  

Overall, the premium paid for IT workers with specific skills was 23 percent lower in 2003 than in 2001, and the pay for certification in particular skills dropped 11 percent, Foote Partners LLC said.
In a yearlong study of 400 Fortune 1000 companies, researchers found that by 2006, the organizations expected from 35 percent to 45 percent of their current full-time IT jobs to go to workers overseas, David Foote, president and chief research officer for Foote Partners, said.

"That showed a definite declining onshore workforce--fewer jobs for IT people in this country," Foote said.

Perhaps it is time to go back to school and get started on my backup plan of being lawyer specializing in intellectual property law.