Posted on 06/09/2006 6:38:40 AM PDT by ProCivitas
The May payroll jobs report released June 2 by the Bureau of Labor Statistics confirms the jobs pattern for the 21st century U.S. economy: Employment growth is limited to domestic services.
In May, the economy created only 67,000 private sector jobs. Job estimates for the previous two months were reduced by 37,000.
The new jobs are as follows: Professional and business services, 27,000; education and health services, 41,000; waitresses and bartenders, 10,000.
Manufacturing lost 14,000 jobs.
Total hours worked in the private sector declined in May. Manufacturing hours worked are 6.6 percent less than when the recovery began four-and-one-half years ago.
American economists and policymakers are in denial about the effect of jobs offshoring on U.S. employment. Corporate lobbyists have purchased fraudulent studies from economists that claim offshoring results in more U.S. employment, rather than less.
The same lobbyists have spread disinformation that the United States does not graduate enough engineers and that they must import foreigners on work visas. Lobbyists are currently pushing, as part of the immigration bill, an expansion in annual H-1B work visas from 65,000 to 115,000.
The H-1B is a nonimmigrant classification used by an alien who will be employed temporarily in a specialty occupation.
A specialty occupation requires specialized knowledge, along with at least a bachelor's degree or its equivalent. Such occupations include architecture or engineering.
The alleged "shortage" of U.S. engineering graduates is inconsistent with reports from Duke University that 30 percent to 40 percent of students in its masters of engineering management program accept jobs outside the profession.
About one-third of engineering graduates from MIT go into careers outside their field.
You get time-and-a-half...and raises?
You are very right. A percentage go to business school, some to law school, and some to med school. Engineers have the highest rate (as a percentage of applicants) acceptance in med school.
Of the eight engineers that graduated in my class in '80 only 2 of us are in the field. The rest are doing pretty darn well.
What type of engineering?
I think that is a part of it. More often the person who only screwed on bolts is being replaced by a machine, just like the mechanization of agriculture a hundred years ago, many simple jobs are going away.
Yes, as most jobs were in that timeframe. He was referencing the industry a few years ago. Much has changed and improved. You are correct however, the third worlder making $5/day is difficult competition for our mills.
You know, it is mandatory to have a college education in most jobs now; however, once one has achieved that distinction; they find the job they coveted or any job has been outsourced. Now, what is this person(s)suppose to do after working so hard to achieve what they thought would be a way to their dream is now turned into a nightmare; where they may have to work until their death with no chance of retirement. And not only will this person have to work; so will their spouse (no time for a family) etc.
Does anyone think this is planned?
Agreed. There are also people who will actually posit that paying for an ethnic studies degree represents something economically valuable or that immigrants mowing a lawn benefits society.
Particularly in Information Systems, there may be outsourcing of development and systems maintenance, but the sales and services sectors of Information Systems stays in the US where the buyers are. I know IS technology sales people that make $1M plus and Professional Services staff making $100K plus delivering services and $500K plus selling services. What has been offshored is the rote, non-customer facing work.
Just because it is a service job doesn't always mean it is low paying. You can make good money in services, I have seen myself do it.
Despite the cheap labor from Mexico, apple concentrate for apple juice is now coming from Red China.
Let's see. This is about the 12th time he has made this claim. How many times you going to let him lie to you before you realize he is a complete idiot?
More money always helps. It's called supply and demand. The engineering ciriculum has always been more difficult than law or business and yet because there's supposedly always been a shortage of engineers (falsely driven by bogus business and government projections), H1B visa allowances and engineering schools have cranked up their numbers driving salaries down. Wage parity is long overdue.
Corporate-induced corruption is not only the vice of senate rats, there are plenty of pubbies in the same boat. You need only look at the immigration bill that came out of the senate (with plenty of GOP senators backing it) to see that truth.
yeah, my company gives time and a half up to a certain employee level. seeing as I'm a lowly intern, i get OT. according to the guys at work, i'll get OT until i move up to a certain level, usually a couple of years into the job. so not bad, will be good money to help me starting off my new life, ya know?
Good for you.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.