ComputerWorld reports that the retirement of the Baby Boomers will lead to IT Workforce crisis. The tech crash shook a bunch of people out of the industry (mostly “HTML programmers” – the rodeo clowns of our profession), and it also caused a collapse in the number of undergraduates enrolling in IT courses (I’ve been doing my best to discourage anyone from entering the field).
Basic economics says that a reduced supply of workers and an increasing (or even static) demand for them leads to a rise in prices. And it’s not like prices are low at the moment anyways.
More champagne, anyone? I’ll just drive the shops in my diamond-encrusted Rolls Royce to fetch it.