So Much for a Recession Dividend

One of the few -- and I mean few -- positives that occurred during the recession was a predicted shift of tech talent from the private to the more stable public sector, where it is difficult to bring in top talent. It didn't last long. From The Wall Street Journal on Thursday:

The growth [of profits among technology companies in the first quarter] has reached a level where tech companies are pushing to hire again, in some cases engaging in heated competition for talent. That's a turnabout for the industry, which had a series of layoffs last year, when some tech giants, notably Microsoft Corp., had mass layoffs for the first time.

Back to competing for talent.