"9% more degrees in natural sciences", including a raise of 13% in CS titles the Federal Statistical Office of Germany these days. Kids of New Economy (remember?) are leaving the universities. The situation for them must be similar to the mid-90s, when I finished my studies and found myself in the post-reunification recession, when jobs were rare and I was told to be exotic (Original words of an exhibitor at a job fair: No, we're developing in India, this comes way cheaper. We don't need computer scientists at this moment). I suffered for three years in small economy jobs until the Internet saved me. Kids of today are grown up with the Internet and I wonder if there will be another job miracle for them. I can't see any.

In the meantime, German public is faked with phantasy numbers by the German economics ministry, claiming that the somewhat felt shortage of skilled workers would cost the nation more than 20 billion euros ($26.8 billion). But before starting just another job market pig cycle, consider that our political top executives are calling for immigrants filling this job gap thus lowering incomes of skilled workers. Any skilled foreign national who will work for less money is welcomed by our industry. So these 9% people from above are somewhat left out in the rain and other countries realize once more a brain drain of skilled people. For further developments in this topic, see the american H1-B discussion.

Solutions, anyone?