And let us remember, folks, what may have been true of the IT field a few years ago was the result of the speculative "tech boom" in the stock market, which turned out to be only slightly more than an overzealous and greed driven bull market whose performance far outstripped what the balance sheets of the tech industry could possibly support.Combine this with the fact that lots of people have been laid off and the market is just too competitive. A few years ago there were a lot of jobs so a lot of people got into IT. There are by far less IT jobs currently filled now, and yet either because of new grads still trying to enter IT or older veterans out of work, plus those still working, there are way more people than before. Less jobs plus more people = hard to find a job.
Using the state of the tech/IT field circa 1998 as some 'basis' of comparison is about as unrealistic and foolish as hoping to see another day where a 5 year-old tech company which has never made a profit is trading 100 days after their IPO at three times the price of Intel and Microsoft.
Those "glory" days were great...about as great as they were short. The days of the $85,000 sysadmin straight of out some vocational school are over.