They're Hiring in Techland

The tech job market has sprung back to life, and this year could be the best one since 2000

In the summer of 2002, amid the depths of the dot-com bust and the rise of global outsourcing, William Davis did something that seemed kind of crazy: He became a graduate student in computer science. Davis reckoned that an advanced degree would be valuable when he graduated even though the tech industry lost a staggering 545,000 jobs that year -- the biggest one-year loss ever.

Yet Silicon Valley retains its allure as ground zero for the tech industry. One of the reasons that Altera's new hire Davis chose to work for the chipmaker was so he could enjoy the golden sunshine of California's Bay Area. As a former member of the Illinois cycling team, Davis does not miss the freezing cold temperatures that descend each winter on the nation's heartland. "When your water bottle starts freezing, it gets a little old," he says. Now, Davis enjoys biking year-round in the warm weather. "I'm in heaven," he says.

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