Thanks Jim for making my comment more vivid. The situation is growing
worse and your personal experience is one of many tragic
consequences. The driving force behind hiring is the cost of labor.
People from other countries are cheaper, the young are cheaper, and
the robots are cheaper. This cost is not just salary. The cost of
healthcare, pension, and general overhead is high. As you made clear,
the quality of the person is not what matters in many industries, only
the cost. The standard of living in the US is adjusting downward and
everybody is suffering. When the inflation being created by the
Federal Reserve increases in ernest, our pain will increase again.
On Jan 29, 2013, at 10:09 AM, James Bowery wrote:
Garbage.
I know lots of US engineers who have been out of work for years and
are not being hired even though they are doing occasional contract
work at what amounts to below minimum wage.
These aren't just any old engineers. They include guys who built
the Internet and have current skills.
Clue: HP spent a half billion dollars on "Internet Chapter 2". Due
to my long history with the Internet (chief architect of AT&T's
foray into electronic newspapers with Knight-Rider 1982 as well as
previously being on the PLATO system programming staff for CDC),
they tried to get me in and I repeatedly declined because what they
said they were doing made no sense and I knew exactly what was
needed for "Internet Chapter 2" having, in my capacity with AT&T,
worked directly with David P. Reed during the time he was authoring
the "End to End Arguments" paper.
I finally agreed to come on board if they would let me have a little
corner of the project -- remember we're talking $500M of risk
capital here -- the largest single lump-sum invested during the
dotcom bubble and it was being invested by Silicon Valley's founding
company.
All I wanted was one guy:. A PhD with a specialty in a branch of
relational mathematics who happened to have the unfortunate
characteristic of being a US citizen.
My request for this consultant was declined but I was offered all
the H-1b visas from India I wanted.
Literally.
Guess what ethnicity was of the guy in charge of that project?
The Fortune 500 is now taken over by India.
On Tue, Jan 29, 2013 at 10:51 AM, Edmund Storms
<[email protected]> wrote:
Not just sad but scary because such an apparent lack of education is
revealed in the comments. We all agree that standards have been
lowered for both high-school and college degrees. As a result, many
graduates are qualified only for low skilled jobs. Consequently, a
big push is now underway by companies that have high skilled jobs to
open more visa opportunities for skilled people from other countries
to work here. Naturally, these skilled people are cheaper to hire
than the older skilled people who are already here, which provides
the basic incentive. I fear how the growing number of uneducated
people will vote in the future. The population is almost equally
divided now between people who do not have a clue and people who
still can understand what is happening. The future does not look good.
On Jan 29, 2013, at 8:17 AM, Daniel Rocha wrote:
It's funny and sad to see people in denial in the comments section.
2013/1/29 <[email protected]>
Unemployment dropping?
http://jobs.aol.com/articles/2013/01/28/college-educated-over-qualified-study/?icid=maing-grid7%7Cmain5%7Cdl3%7Csec3_lnk2%26pLid%3D262707
--
Daniel Rocha - RJ
[email protected]
