The article deals with the results of a sociological research focused on the interaction processes between employers and universities. We selected several information technologies companies and analyzed the main technologies of their
interaction with universities of St. Petersburg. The article offers the vision of employers, universities and students interactions as a kind of social network, analyses the conflicting interests of every subject involved, and reveals the main problems that interaction arises between them. The results of the questioning of graduates, their opinion of problems in the modern youth labor market, which is dramatically short of skills because of the increasing gap between the needs of employers and the abilities of the staff provided by the education system, are analyzed.