<p>Off-shoring takes a lot of jobs even for international students who do their specialized IT graduate studies here. 2009 was a brutal job search year. Competition for entry level job positions or developer positions that ask for 2+ years of experience - People who responded were the ones with 4 to 5 years of experience willing to take entry level job for any or less than their previous pay package ( The ones who were in the front of career fair queues applying for the same jobs. I still talk to those people. There are a few out of jobs for the last ). Source: My friend is a HR assistant manager at a man power firm that does only IT services (they hire people for their clients). Internships were for people who had 2 years of experience. Well in India there was a hiring freeze for Outsourced projects(From US) but heard most of the new projects were from South America, Europe and inside the country(ie., local markets). India survived because local markets are expanding. I am a BE (Computer Science), MBA (Management Information Systems) currently pursuing MS in Information Assurance at Johns Hopkins international student. No job during recession. Gone back to school. Thinking about changing my majors. No matter what a friend of mine who is a World Wide sales manager at IBM for JAVA says “IT is going to the drains”.</p>