Posted on 01/10/2005 2:16:36 PM PST by anotherview
Demand for high-tech employees dropped by 10.5% in the fourth quarter.
Michal Raveh 10 Jan 05 17:23
Manpower Israel subsidiary Manpower Information Technology (MIT) reports that demand for high-tech employees surged 63.5% in 2004, compared with 2003. Demand returned to its 2002 level. Despite recovery, demand still appears lower than in the peak year of 2000.
The figures are based on a survey of help-wanted ads in Israel's leading daily newspapers. The survey showed that the most prominent rise in 2004 was in demand for network managers and support personnel 156%. Demand rose by 138% for support engineers, 120% for programmers, and 100% for hardware engineers.
Demand rose more moderately for managers (56%) and team leaders and project managers (70%). Demand for employees from job placement agencies rose by only 2%.
Demand for high-tech personnel dropped by 4.9% in December, the fourth consecutive decline, and by 10.5% in the fourth quarter.
Compared with the third quarter, the largest falls in demand in the fourth quarter were for hardware engineers (33%), managers (16.4%), programmers (14.5%), and team heads and project managers (14%). Demand in other categories was unchanged.
MIT CEO Idit Padan said that the data showed that the high-tech sector had a long way to go before nearing the peak period in 1999-2000. She added that the figures for December and the fourth quarter showed that development was unstable, which would prolong the recovery.
Published by Globes [online] - www.globes.co.il - on January 10, 2005
Send them some Mexicans. We've got plenty to spare.
Haha, Jewish Mexicans! Just cut the very top off of the sombrero! =P
If we re-jiggered our bloody tax structure we'd be able to pull them back from Israel and Ireland at least.
We had a family of Mexican Jews living near us when I was growing up in New York. FWIW, they were professional people who had come to the U.S. legally.
Somehow I don't think the Mexicans you are referring to do high tech work. We do thank the U.S. for sending it's high tech jobs to Israel, lowering Israeli unemployment. I'm not sure American high tech workers appreciate it, though.
What's the avg salary (in US $) for high tech jobs in Israel?
I don't have a number for you. There was a time (during the mid '90s bubble) that Americans made a third to half more than their Israeli counterparts doing the same job. Today it's more like Israelis earning 80-90% as Americans do for the same job but Israelis pay much higer taxes.
Tax structure does not cause high-tech outsourcing, naked greed does.
Take the case of outsourcing leader Microsoft. They have 46 BILLION in cash on hand, more than many nations.
Does anyone really believe they have to outsource "to remain competitive in the global marketplace?" I hope not.
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