I might believe that. My company has been hiring MBA's to work the phones. They can't find the 100K/yr corner office jobs, so they're doing what they need to do to make ends meet. $12-15/hr (and promotion prospects) looks good when compared to sitting at home, I suppose.
When I talked to the director in charge of that department, she was loving it. In a good market, it's a cruddy job, high turnover, hard to find good people to stay staffed up. For the last 12-18 months, she's been getting and keeping topnotch people for the positions.
So, I bet unemployment is necessarily low. Wonder what "underemployment" looks like.
I'm starting to pay attention to what the market looks like for IT. Will see how my company does with a few things, there's been a lot of turnover in my dept lately.
I know in my and my wife’s professions we are having a terrible time finding good candidates so we have positions opened for months at a time. Of course there have been the stacks and stacks of resumes from the MBA types with no experience other than thinking “manager” is a profession, but there have been very few qualified candidates.