Recession rates

[Paul Makepeace]

Has anyone found the recession/depression affecting contracting rates? I was
surprised to have a recruiter recently suggest a bunch of candidates
for £375/day
(each :-)). This seems on the high side, even outside of the economic blues.
I guess what also tweaked me was that every single one of these guys was
going for the exact same rate whereas without a doubt they are not all
equally skilled. While I don't expect we have accurate programmer pricing
models the obvious inefficiency of this market mildly irritated me...

P