Posted on 07/27/2005 6:21:50 AM PDT by A. Pole
The June payroll jobs report did not receive much attention due to the July 4 holiday, but the depressing 21st century job performance of the U.S. economy continues unabated.
Only 144,000 private sector jobs were created, each one of which was in domestic services.
Fifty-six thousand jobs were created in professional and business services, about half of which are in administrative and waste services.
Thirty-eight thousand jobs were created in education and health services, almost all of which are in health care and social assistance.
Nineteen thousand jobs were created in leisure and hospitality, almost all of which are waitresses and bartenders.
Membership associations and organizations created 10,000 jobs, and repair and maintenance created 4,000 jobs.
Financial activities created 16,000 jobs.
This most certainly is not the labor market profile of a First World country, much less a superpower.
Where are the jobs for this years crop of engineering and science graduates?
U.S. manufacturing lost another 24,000 jobs in June. A country that doesnt manufacture doesnt need many engineers. And the few engineering jobs available go to foreigners.
Readers have sent me employment listings from U.S. software development firms. The listings are discriminatory against American citizens. One ad from a company in New Jersey that is a developer for many companies, including Oracle, specifies that the applicant must have a TN visa.
A TN or Trade NAFTA visa is what is given to Mexicans and Canadians who are willing to work in the United States at below prevailing wages.
Another ad from a software consulting company based in Omaha, Neb., specifies it wants software engineers who are H-1B transferees. What this means is that the firm is advertising for foreigners already in the United States who have H-1B work visas.
The reason the U.S. firms specify that they have employment opportunities only for foreigners who hold work visas is because the foreigners will work for less than the prevailing U.S. salary.
Gentle reader, when you read allegations that there is a shortage of engineers in America, necessitating the importation of foreigners to do the work, you are reading a bald-faced lie. If there were a shortage of American engineers, employers would not word their job listings to read that no American need apply and that they are offering jobs only to foreigners holding work visas.
What kind of country gives preference to foreigners over its own engineering graduates?
What kind of country destroys the job market for its own citizens?
How much longer will parents shell out $100,000 for a college education for a son or daughter who ends up employed as a bartender, waitress or temp?
not much longer, its happening now. to be honest, a server at a good, busy restaurant can make alot of money. younger people are starting to see this, its not a bad career choice while you are still young.
Patriotism stops at the pocketbook, huh? You are a true "Citizen of the World".
You are definitely being misled. The country is in a tremendous construction boom including billions going into infrastructure. The demand is so great that there is currently a shortage of concrete and steel.
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"A TN or Trade NAFTA visa is what is given to Mexicans and Canadians who are willing to work in the United States at below prevailing wages."
Here is an interesting story. One time I and one of my colleagues who were working a temporary gig at a research organization (so they said they were) took it upon ourselves on our own time to develop of model of how this so-called business worked. We came up with equations that described the revenue generation, cash flow, costs, etc. Then we started taking partial derivatives to identify the singularities, were the "sources" and "sinks" were, in essence. We had heard of other people who had done this in other venues and wanted to try it ourselves. Well, surprise surprise, almost all of the revenue sinks were at the VP administration line, the sources were somewhat diffuse and distributed among line managers and applications employees (those were the people actually bringing in money). We showed it to our manager (who was an okay guy) and he got a kick out of it. I have no idea if that model ever made it beyond the midline management level because we were both moving on to other work (to be young and foot loose and fancy free again!), but I have a feeling if it did, whomever paid attention to it would probably get the gate.
Ah, the vaunted, Limbaugh dropout, home-based millionaire!
Has it really taken 137 posts for him to show up, or did I miss one?
Good post and some (most of) thoughtfull comments.
Today, we have AirBus, where every single plane benefits from a 30% subsidy, with governmental "startup" "loans" that AirBus has never repaid..."loans" which paid for all the industrial plant, the R&D, and product development. All written off. Today, McDonnell-Douglas's commercial planes are gone. Lockheed's are gone. And Boeing, which gets no startup loans, or operating subsidy, the survivor, has been eclipsed in quantitative sales by AirBus two years running...much to the glee of France.
The Airbus/Boeing story has been in the news quite a bit lately, and I'm still not sure what the far-reaching implications of these Airbus subsidies will be. The irony is that when you think about it, the ultimate result of the French subsidy is that airlines all over the world -- and airline travelers by extension -- are enjoying the benefits of reduced capital costs at the expense of the taxpayers of France.
And do you know why BMW built its plant in the U.S.? Because our labor was cheaper than theirs.
Labor costs were certainly a factor, but there is also an underlying reality at work in the auto industry that -- unlike most other manufacturing sectors -- makes it very practical to manufacture automobiles as close to their point of sale as possible.
I think I misled you by failing to include a sarcasm tag in my last post.
Thanks for the ping!
I think we oughta meet in Sandusky for a frosty! ;-)
Has it ever varied by more than +/- 2% since the depression?
No one is giving jobs to these folks, they're competing for them in the market place ... and winning them because they offer better bang for the buck.
How else is it supposed to work? Throwing up tariffs and other protectionist barriers is what "gives" "high paying subsidized" jobs to people, not the market place.
Little by little America is going to realize that the redistribution of our jobs and wealth, along with the care of millions of illegals will indeed bring America down to third world status.
The alliance of government and business will bring wealth and power to the elite of this nation, but not to the hard working citizens.
I have a friend right here in my home town who attended our local vocational high school (it has since been eliminated, shutdown! Can you believe it?)
He took Auto Transmission Repair, a few years later started his own business, retired (literally) a multi-millionaire!
I once worked for a guy who had a son in a similar situation. The kid barely made it through high school, then spent a couple of years drifting from one menial job to another. He ended up working at a gas station just because he wanted to work on his car during off-hours, and from that he learned some good automotive skills. A friend of my boss recognized the kid's skills and suggested he could get him into a top-rated school for airplane mechanics. The kid gave it a shot, and after a few months of school his instructors told him that he was capable of far more than just the hands-on mechanical stuff.
To make a long story short . . . he eventually got through one of the top aeronautical engineering programs in the world, and the last I heard he was one of the leading avionics experts for one of the big U.S. airlines.
You are the nobody.
U.S. manufacturing lost another 24,000 jobs in June. A country that doesnt manufacture doesnt need many engineers. And the few engineering jobs available go to foreigners.
Might be "BS" to the shallow brained, but Roberts states the obvious and unfortunate truth. Once again, Paul Craig Roberts syndicates nationally, in part due to his reputation and the respect he ahs earned--you are the nobody.
Codswallop! Would that be why we are short on troops, bullets, and armor?
I'm sitting about three blocks from the White House, if you need to know.
The defense rests! ;-)
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