Posted on 06/27/2004 4:52:11 AM PDT by neutrino
Most of them eagerly moved into the electric companies and the automobile factories where wages were better --- but it's not exactly the same thing when the jobs aren't replaced by better jobs but sent out of the country.
I was watching This Old House on pbs yesterday (no doubt a re-run), and they showed a glass manufacturing plant in Wisconson. Uses a couple of train cars full of sand every day. Very very automated (I think I saw two control rooms). Makes TWELVE MILES of wide glass a day! I saw fewer than 20 employees (this is a guess). I'm trying to say that I think automation is also a big factor in the loss of manufacturing jobs in America, as well as outsourcing.
By the way, Carley's executives brag about the international mix of employees they are driving to achieve. The impression I get is that they are driving to a 50-50 US vs/ international employee mix to reduce costs further. How do you think Carley got almost $20 billion dollars in cash into HP's bank account?
Keep talking, please.
First, my question to you - should all career decisions be based on current or future market/employment predictions? If a person has talent and loves a certain field, why not study that field (or be a double major)?
Another argument (for tech) would be that maybe NOW, in a maybe down market, is the perfect time to set-up for the next tech hiring cycle. Everybody "knows" all the tech jobs are going to India. Everybody been wrong before.
Ah? You see something wrong with a man wanting to work with and hang out with people who share his education level?
I recently lost my job and have a contract to do some sales recruiting, it is a technical product that we sell. We are having a big problem finding candidates, in some markets there have been no candidates. I started asking around and this story is the same, there are lots of jobs out there, but not as many as in IT. There is a local company here offering 2 year employment contracts with full re-location, including a 2 year severance if things fall thru!
That said, people are very leery about just making a move. If they have a decent job, and feel somewhat secure, they are not even looking. I believe big business has hurt themselves with this slash and burn approach.
blah, blah, blah.
Only a company without competition works in that mode.
It'll be your turn after a while, I suspect. Things are just getting started good in global dispersionism. There have always been those miners that ignore the canary.
I don't agree with this outsourcing and especially these work visias. I tend to think that a nation ought to have borders and SOME kind of protection for its own, but until I see realestate take a dive then SOMEBODY is buying those homes and driving the prices in former lower and middle class neighborhoods into the half million to million+ range (LI, Oakdale, Sayville etc..) So far this economy is booming. I think the next 5 yrs are going to be difinitive one way or another.
Boycott companies that farm out customer service as much as you can.AOL and Ritz camera are a couple of them.
All the companies? So that means that those who invest in Chinese stocks are getting scammed, right?
Sure. There are folks who get PhD's in Latin but aren't cut out for academia - they drive cabs, sell used cars, and bus tables.
Truth be told, most people are at least partly motivated by money. Another argument (for tech) would be that maybe NOW, in a maybe down market, is the perfect time to set-up for the next tech hiring cycle. Everybody "knows" all the tech jobs are going to India. Everybody been wrong before.
Maybe, maybe not. I'd not advise anyone I cared about to spend 7+ years getting a tech graduate degree.
Truly. The problem is, they've been persuaded that offshoring equals lower prices - what they haven't realized is that it also lowers the entire wage structure.
They'll save a few percent on their purchases, and get a pay cut of 50% as the economy restructures.
The candidate (and party) that taps this current will be swept into office with a mandate. Pray it isn't Hillary.
Boy, this article really hits home.
Being unemployed for a long time, a man soon finds out how closely his self-esteem and status in the community is tied to what he used to do for a living.
I just thank God that I have a wife with skills in the medical field who is willing to support us.
We're not so bad off as some. Our house and cars are paid for, and we have medical insurance (although it takes a full third of my wife's pay). So we can go on "just getting by" indefinitely.
But it's a real shock having nothing fun to look forward to except old age.
So by all means, support China. Please, do it some more!
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