[maxerickson]

Just anecdotally I would say the US labor marker is tighter now than it has been in a long time.

Which isn't intended to disagree with what you are saying, but I wonder if we are just now reaching a point where we will start to see wage pressure.

[jazzyk]

If the market were really tight as trumpeted by the media, there would have been wage pressures already. Perhaps the tight market is limited to SV - I certainly see no signs of hot labor market in Boston. Smaller software companies do have quite a few openings, but are very price-sensitive (and picky, too). Bigger companies are mostly shedding people (either through attrition or selective layoffs).

[maxerickson]

I'm not talking about software, I'm talking about small businesses actually putting up help wanted signs (In bumfuck middle America).