Skip to comments.Engineering unemployment soared in 2Q to 8.6%
Posted on 07/08/2009 9:20:44 AM PDT by Zathras
WASHINGTON U.S. engineering unemployment soared to a record in the second quarter of 2009, nearly doubling on a quarterly basis to 8.6 percent, the IEEE-USA said Tuesday (July 7), citing government figures.
The previous quarterly record for joblessness among U.S. electrical and electronic engineers was 7 percent, reached in October 2003.
|EE unemployment previously peaked in 2003. (Source: Ron Hira)|
Yeah, maybe these people can get jobs at Wal-Mart, they’ll be competing against former doctors once “healthcare” kicks in. Hows that Hope and Change thingy working out?
And still we import H1Bs who “do the work that Americans won’t do,” including high-paying engineering jobs. I was priced out of a job last year by H1Bs, who took 1/2 of my pay (which was about the going market rate), but were less qualified.
The Obamaloons believe that engineering can be done outcountry.
The only persons that should be provided jobs are those with no abilities whatsoever - and there’s jobs in the congress, government, MSM, and ACORN for these losers.
Thankfully the stimulus passed, otherwise the rate would be over 10% by now.
We’ve absolutely screwed ourselves when it comes to engineering.
The suits running businesses have gleefully offshored engineering jobs. I suspect there was some small measure of payback in those decisions. You know, teach those smart engineering guys who’s boss. Pay them back for all the mocking of business majors. So, engineering jobs were offshored if it saved $1.37 a year.
The long term effect is that people bright enough to be engineers avoided engineering in college because they want to be employed when they graduate.
That sure as HELL isn’t true in Silicon Valley.
(Unless they only count people with H1-Bs as engineers, and only then because an unemployed H1-B is subject to deportation)
And still we IMPORT engineers via H1Bs. The world has gone mad.
On my last full time job, I was replaced by THREE H1-B's.
I’m worried about my friends at Sun/Oracle.
I work Comcast Business technical support along side a laid off engineer.
In 2002 I was out for 16 months .. BUT I was still getting 5-6 interviews a month. This time I have been out since Oct 2008 and I have had 2 interviews. I passed the first but then was told that the company had pulled the req. I have not heard back from the second. Both companies are very large
Judging by the number of help-wanted ads on DICE.com (where 90% of the IT help wanted ads are placed), I’m thinking that the economy is headed for very very tough times in the next year.
IT jobs are a bellweather indicator — when the economy cools off we are the first to be fired. Likewise, if the company sees any uptick, they soon hire to catch up on projects and upgrades that were put off.
At any rate, according to the number of help wanted ads I’m seeing... it’s gonna be tough for a while.
“I work Comcast Business technical support...”
My condolences. Yes, I’ve had to call your support number, and yes, I’m sorry if I was THAT grumpy...
“I passed the first but then was told that the company had pulled the req.”
Yup... last week I got two such phone calls... “Yeah, you’re the prefect guy for the job, but the company postponed the hire...”
It “soared” to below the national rate. While it still sucks it’s actually an indication that the industry is doing OK.
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I’ve been in the industry for 30+ years .. I have NEVER seen it ANYWHERE as bad. All H1B’s need to be sent back home RIGHT NOW
I was on the other side of that fence and had to pull a req right when I had selected the perfect candidate and was making an offer.
Believe me, it’s difficult from the management side in that you feel like a real ass for wasting the interviewer’s time and getting their hopes up. I could have really used that new hire...
Yep. Many computer programmers are die hard liberals. They are getting what they asked for but are too stupid to know it. They are brain washed enough to say this is Bush’s fault. It wouldn’t matter if 100 years went by with Obama in office, they would still claim it to be Bush’s fault.
“I have NEVER seen it ANYWHERE as bad.”
In my area, Denver, 2001 was worse, far worse.
Hey! For guys that spent their Friday nights in the Science Library until closing time, we expect to have lower unemployment than the riff-raff!
My granddaughter just graduated w/ a mech. engineering degree.
She’s unemployed at the moment.
Actally, I've recently worked with numerous H1B's, and they're losing their jobs in droves as well.
The actual H1B workers are as abused as any by this system. I worked with one last year who was required to leave home on the East coast to LA for a week the very night that his wife had a miscarriage. She was forced to somehow carry on, with the twin fetuses still in her body, without even having him at home. Very sad and very inhumane.
Denver is NOT Silicon Valley
Respectfully, and politely....if companies don't want to spend the $$$ on American workers, and scrimp by hiring H1B's....
What makes you think that said companies will spend money to hire Americans if all of the H1B's just get sent home?
My bet - from past experience - is that they'd just eliminate the positions altogether. Maybe hire a couple of overworked entry level guys that are too dumb to know how bad they've got it.
I saw it first hand with outsourcing. Company outsourced the IT dept - everyone kept the same desk, just switched employers. The conditions sucked, so everyone left. Replacements were not brought in until things completely broke down, then the few that came in just got pummeled.
Then, I left too. Dunno how the story ended. :-)
I guess what I'm saying is that things can always be worse. :-) Now, if you'd like to dump H1B's during boom times, when companies are willing to spend some cash....I might get behind that.
I’m bracing for another round of lay-offs this quater too..... µ
Very misleading headline:
the 8.6% unemployment rate is for electrical engineers, not all engineers.
“...And still we import H1Bs ..”
that was my first thought - if all foreign engineers were sent home, what would the unemployment rate be??
Well, yeah -- the payback comes from a focus on "looking out for the share-holders." Lower costs and all that, and thus (supposedly) higher stock prices.
Their payback is in the form of higher bonuses and stock options.
There seems to be no room in such decisions for the longer-term considerations, such as what happens when the domestic manufacturing base goes away; and the "service economy" business model runs afoul of the fact that the hard capital needed to run it has moved overseas.
This is the sort of stuff Lenin was talking about when he said that capitalists would sell him the rope he used to hang them.
Yep, Denver 2001 was a bad one!
They don’t say what field of EE they’re talking about either -
I’m betting power is WAAAAAY down.
My brother is an ME, and says that all coal plant construction has been halted or cancelled.
Probably about the same. The H1B engineers mainly represent needed skills, rather than lower costs. My suspicion is that there is a shortage of Americans able to provide the same level of support.
If that's true, a lot of H1B slots would probably go unfilled, or be shipped overseas, rather than filled by American engineers who may not have the necessary qualifications.
To me about 2/3 are liberal. Many THINK they are conservative until you start getting into details with them.
Fortunately the candidate had another offer and was still able to move into an employed position, they were currently unemployed. I’ve been on both sides and don’t appreciate people jerking me around so I try not to do it to others.
Can't do that with my job ... I'm a chip designer not an IT guy :
It takes YEARS of experience to do my job. Entry level would NOT cut it.
You can't design a chip without the stuff I design in it ... it can't be cut out
I have trained my replacement before ... it took over a year with an experienced H1B
H1Bs are NOT American workers and NOT protected ... send them home
“This is the sort of stuff Lenin was talking about when he said that capitalists would sell him the rope he used to hang them.”
And the sort of stuff that some of us on FR have been posting about for years. At first we were ridiculed. Then the attacks got to be more personal and vicious.
Now, it’s gotten strangely quiet.
Bullcrap. Name a skill and you'll find an American with that skill. H1Bs are imported for lower costs.
Yeah, well, eventually reality has a way of asserting its traditional dominance over ideology.
Respectfully ... if you are not in the industry (not you personally) ... you do NOT know what your talking about. If you want to what’s really going on in the electronics industry and your not in the industry I would suggest you refrain from commenting on something you know very little about (except for asking questions) and just sit back and listen to those of us who do ...
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