It looks like US IT Job demand might grow in the days to come, irrespective of rise in out -sourcing and weaker economy, partly due to baby boomers. If that is the trend, we will definitely see a huge rush for H1Bs again this year as well.
US software programming jobs took a real wacking at the end of the last recession, but bounced back since—in spite of the offshoring trend and the rise of the Indian tech services industry. Now we’re heading into another recession, it seems. Will US software programmers lose out again? I’m betting no. The reason: The impending retirement of the babyboomers. Already, a lot of federal government programmers are retiring, since they’re reached the retirement age of 55. This factor—combined with low graduating rates for computer science majors—is already causing a shortfall in US programming talent. I believe that whatever cost cutting that’s done by companies during a recession will be more than offset by the software talent shortfall. Five years from now, US programmers will be in even greater demand.