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The number of web jobs is higher. The number of web programmers is higher, too. I don't think you can tell from the number of jobs how the pay situation is going to play out. (Look at the number of fast food jobs. It's huge. That doesn't result in high pay, though...)

I really can't tell whether an entry-level systems programmer gets paid better than an entry-level web programmer. But it seems to me that in web programming, you hit a wall at about ten years, where more experience quits translating into more pay. In embedded, you can find at least some jobs where 30 years experience gets you more pay than 20 years experience.






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