J2EE is actually a collection of technologies and APIs for the Java platform designed to support "Enterprise" Applications which can generally be classed as large-scale, distributed, transactional and highly-available applications designed to support mission-critical business requirements.
In terms of what an employee is looking for in specific techs, it is quite hard to say, because the playing field has kept changing over he last 5 years. It really is about the class of problems that are being solved more than anything else. Transactions and distribution are key.
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