@tihar Good Points. I would also like to highlight another point. There is a significant number of IT jobs in Financial Service Industry. Banks, Insurance Companies and most prominently Health Insurance Companies. These companies are trillions of dollars in aggregated assets and have more than millions of employees combined. They have thrived in monopolistic markets so entry for new players are almost impossible. Due to the business model that have made them successful (mergers, regulations, lobbies etc) they are also highly bureaucratic. Thousands of Programs and Millions of individual projects require immediate resources. While most of them get genuine candidates there are plenty of instances where candidates like myself slip in. Some projects are downright grinding but a significant number of them might also be ridden by red tape and baloney of paper trails. That's where @thukka might have gotten some idea to write this thread.
Like tihar mentioned, some will survive and thrive. My point being - why complain? If you are not in IT and assume it is easy or whatever preconceptions you have, why not try it yourself? And not to generate any negative conclusion. My point is...well I think I lost my point. Damn ADHD!