"but clearly the economy is demanding more engineers at this level than the market will supply"
Exactly, that was my original point.
Exactly, that was my original point.
You can always find a salary point at which any good or service will appear to be in "shortage". And you can always find a salary at which there will appear to be a glut. Sounds like there's a big shortage of 80k/yr engineers, but absolutely no shortage of 160k/yr engineers.