Posted on 11/11/2010 9:33:02 PM PST by 2ndDivisionVet
The well-paying, predominantly white-collar jobs that once sustained many American communities are disappearing at an alarming rate, keeping the unemployment rate stubbornly high despite the end of the Great Recession.
More troubling, these jobs in accounting, financial analysis, commercial printing and a broad array of other mostly white-collar occupations are unlikely to come back, experts predict.
Although unemployment is high in South Florida -- 12.8 percent -- the trend isn't as pronounced here partly because there weren't as many professional jobs to begin with.
There isn't a single cause to the national trend. Some of it is explained by changing technology, some of it is the result of automation. Sending well-paying jobs to low-cost centers abroad is another big part of the story. So is global competition from emerging economies such as China and India.
The result is the same in all cases, however. Jobs that paid well, required skills and produced vital communities are going away and aren't being replaced by anything comparable.
``Unfortunately, the evidence is that you see a form of downward mobility of workers who are displaced from middle-skilled, stable career occupations,'' said David Autor, an economist at the Massachusetts Institute of Technology, in an interview.
Autor published a much-discussed paper in April, suggesting that the U.S. labor market has become polarized, with employment growth in the high-skill, high-wage end, and the low-skill, low-wage end. The vast middle, he concluded, is shrinking.
``The Great Recession has quantitatively but not qualitatively changed the direction of the U.S. labor market,'' Autor concluded, pointing to an accelerating trend that he said has been under way for more than a decade.
As it stands, 14.8 million Americans were unemployed in September, 6.1 million of them for six months or longer....
(Excerpt) Read more at miamiherald.com ...
Me too all people who are getting money either from working or government should pay the 10% Tax with no deductions!!! Do away with IRS!
thanks, I was able to get to a site with archived Jefferson papers from there and see which portion of the quote is attributed to him.
It will never happen. There are to many people whose jobs depend in the process being overly complex.
They will squeal like pigs if we try to take away their gravy train.
"Gravy sucking pigs" Lol I haven't used that phrase in a long time LoL
OMG! So would I!!!!
LoL! It’s always best to keep things in perspective.
sounds like they need to be retrained! Do away with the IRS!
Just think you never have to file again! One you sign up at employer or government job or retirement when they cut you a check they take 10%!!! No fuss no mess. And you only have to fill out form when you change jobs. If your in business for your self you don’t pay taxes on your business only your pay from the business!
As I said, there are to many leaches making a buck off the current convoluted system.
They wont go quietly.
That car is parked in the State Unemployment Office parking lot; he’s inside (the office, not the car), and the car has a “For Sale, Cheap” sign in the back window.
A lotus elan would be fun, but on these roads?
And where you gonna find a guy named Nigel to work on the thing? ;)
Then 15 years to gain the requisite experience; 2 really productive years, 4 years worth of layoffs, 7 years of consulting work...and then, whadaha know...he's too old to be of any use to anyone any more, and is thrown out on the street....once again, unemployed and now unemployable.
It is to cry that the SS age was advanced to 85, and he's only 55. Ah well....he'll get along....somehow.
Nigel??? Weee don neeeeed no steeeenking Nigel!
Somehow we survive.
No it appears some people live in la la land.
After I graduated with a bachelor's in computer science, I had zero experience in hardware, but I learned from some of the old hands at work.
I traveled from Austin to Hong Kong to help some of their support people diagnose a problem in which the operating system on a PC was hung and would not respond to the keyboard (so they could not take a memory dump).
Here is where I could use what I learned about hardware. I opened up the case and touched 2 points in an adapter card slot together with a ball point pin, causing a non-maskable interrupt and allowing me to use the kernel debugger. The Hong Kong people loved it.
I never said it would be easy but it must be done!
Now, please tell us why the market in question is not free for the purpose of discussion.
McGyver!
TQ, I did not intend to imply that you were restricting your argument to the cost of labor alone. So I too will confess to writing in haste and repenting/apologizing at leisure.
;-]
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