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Some good news amid all the gloom and doom.

From Spectrum's August issue:

http://www.spectrum.ieee.org/aug08/6481

Excerpt:

"...Engineers with analog, RF, and ­wireless skills, as
well as those with ­postgraduate training, are ­becoming
harder and harder to find. “If you’re a 20- to
30-year-old ­analog ­engineer, you’re ­sitting pretty
right now,” says Jignasha Patel, a human resources
­director at Freescale Semiconductor in Austin, Texas.
“It’s a buyer’s market for you.”..."