Software engineers and information technology workers have been especially hard hit. Jobs offshoring, which began with call centers and back-office operations, is rapidly moving up the value chain. Business Week's Michael Mandel4 compared starting salaries in 2005 with those in 2001. He found a 12.7 per cent decline in computer science pay, a 12 per cent decline in computer engineering pay, and a 10.2 per cent decline in electrical engineering pay. Marketing salaries experienced a 6.5 per cent decline, and business administration salaries fell 5.7 per cent. Despite a make-work law for accountants known by the names of its congressional sponsors, Sarbanes-Oxley, even accounting majors, were offered 2.3 per cent less.

Using the same sources as the Business Week article (salary data from the National Association of Colleges and Employers and Bureau of Labor Statistics data for inflation adjustment), professor Norm Matloff at the University of California, Davis, made the same comparison for master's degree graduates. He found that between 2001 and 2005 starting pay for master's degrees in computer science, computer engineering, and electrical engineering fell 6.6 per cent, 13.7 per cent, and 9.4 per cent respectively.