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I'm a little suspicious when I read a line like this:

""I feel we're at 100 percent employment" for highly qualified software engineers in Chicago, said Zach Kaplan, chief executive at Chicago-based Inventables, an online marketplace for materials and technology. The company gets flooded with applications when it posts nontechnical jobs, but it struggles to find software engineers."

Mr. Kaplan hasn't quite defined a highly qualified software engineer as one who has a job, but he's awfully close to saying that "100% of the software engineers who have jobs, have jobs."

If "highly qualified" software engineers have no trouble finding jobs, I suspect I could make an equally ambiguous argument that "highly desirable" software companies have no trouble finding software engineers. This "shortage" goes both ways.




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