Re: sadly, this tracks all industries too
@Susan It's hard to say, even within IT, because all jobs aren't equal in any given sector. And within job types, you have certain industries that always pay better for the same skillset than others. But generally speaking, I'd say IT is weathering that storm better than lots of other industries, due in large part to an increase in dependence on IT products and services, as well as the development of specializations in response to certain trends.
To me, the best defense is to do the best job we can at managing things that are at least to a degree in our control. In my mind, that means we've got to continue getting a handle on certain types of escalating costs that are impacting everyone.
No one can say for sure what will happen, but it's theoretically possible that people who've been working for a decade or two already may never see a phenomenon like the 1990s again in our careers.