It comes as no surprise to anyone in the IT industry, but two recent studies show that jobs continue to fall away from the technology sector and that morale in the IT industry is spiraling downward at an alarming rate.  I have friends who have left the industry due to the increasing workload, ungrateful environments, lack of advancement, lack of compensatory incentives, lack of training, and stagnating technology.  Companies continue to amaze me at how blind they can be to these threats.  Productivity falls as burnout rates increase, yet they continue to cut IT staffs and demand more from remaining employees — all without any type of compensation (whether that be formal training opportunities, bonuses or increases in pay, or opportunities to gain experience on the "latest and greatest").

You can read eWeek’s article on the studies here.