Very interesting and very thorough study of the effect of offshoring on the IT and software industries:
http://www.acm.org/globalizationreport/
Generally IT has not seen the evisceration that many predicted from offshoring and, in fact, IT has added about 400K jobs in the last five years. However, the sub-specialties of computer programming and database administration have not seen the same growth and have been more significantly hit.
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