There's been a lot of talk the last several years about whether or not we really are facing a "war for talent"--meaning the number of skilled applicants will be insufficient to meet employer needs. This article courtesy of Electronic Recruiting News makes several good points, including the one I always come back to--it's not about body count, is about the skills and potential of folks applying for jobs. But the article goes beyond that to look at things from a big-picture perspective, I recommend giving it a read. It may make you think differently about how your organization is approaching the issue.
BTW, one of my favorite articles about this topic is this one by Jeffrey Pfeffer, an OB professor at Stanford, prolific author, and regular contributor to Business 2.0 where he appropriately points out that fighting for the "superstars" may miss the point entirely. Halleluja.