Meanwhile in some parallel universe

According to the Wall Street Journal

“There’s a huge shortage of engineers,” said Valerie Frederickson, a recruiter in Silicon Valley. She said a recent client of hers who received a master’s in engineering this spring from Stanford University got caught in a bidding war between Google, Facebook and others. He got hired with a $125,000 salary, and is now being offered $175,000 by the companies that lost out initially.

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1 Comment

  1. The ‘shortage’ is in newer Web 2.0 areas rather than traditional Silicon Valley specialties. I’m aware that the Valley, like California and the US in general, is suffering from high unemployment. Sadly, a lot of 99’ers in the Bay Area and the Valley. But the ex-chip backend engineers on the dole are not the web analytics people that are sorely needed by Google and Facebook.

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