Yep. Microsoft is hiring. There are over 30 different studios that makes games for the Xbox. There are over 100 that makes accessories for the XBOX. Not to mention all the full time gamers that work at the Xbox and game related websites. There are 2 fulltime tv channels that report on games and the gamers culture. There are now more than 5 seperate degrees you can get that teach you how to become a video game developer.
And I haven't even scratched the surface.