|
Post by unlawflcombatnt on Jul 14, 2011 11:35:44 GMT -6
This is from the Wall Street Journal via Patrick.net
|
|
|
Post by mdub on Jul 14, 2011 12:49:44 GMT -6
Most of the 60,000 "Computer-Systems Design" jobs are filled with cheaper H1Bs, forcing me and others out of the profession and into the health care field where we were told there was demand, but....
I and my former classmates would sure like to know where those 175,000 "Ambulatory Health Care" jobs are. We graduated over a year ago and noone I know has been able to find work. I regulary check ambulance companies and hospitals all over the country and few are hiring.
|
|
|
Post by unlawflcombatnt on Jul 14, 2011 22:08:29 GMT -6
Most of the 60,000 "Computer-Systems Design" jobs are filled with cheaper H1Bs, forcing me and others out of the profession and into the health care field where we were told there was demand, but.... Exactly. There is no shortage of Americans to fill those jobs--only a shortage of Americans willing to (and able to) work for 3rd world wages. I'm still trying to figure this one out myself. The number demand for health care professionals, including M.D.s, appears to be falling. It's hard to determine where all these "new" jobs are located.
|
|
|
Post by mdub on Jul 14, 2011 22:51:07 GMT -6
I think these new jobs are located in the government's imagination.
|
|
|
Post by fredorbob on Jul 15, 2011 7:59:04 GMT -6
I think these new jobs are located in the government's imagination. "Private industry employment remains a mixed picture" Why mixed? The graph makes it look like a massive increase.
|
|
|
Post by jeffolie on Jul 15, 2011 9:36:04 GMT -6
jobs are difficult to get and losses continue The below piece accurate protrays the situation, I like the way it is written. ============================================ Friday, July 15, 2011 Five Fundamental Problems With the Jobs Market Over the last four days, I've broken the job data down along various lines. All of this data leads to the following conclusion. 1.) During the worst parts of the recession, the economy was losing over 600,000 jobs a month. An analysis of the length of time of unemployment indicates most of these losses have not been recovered as the number of long term unemployed (26 weeks and above) is still near historically high levels. However, the decline in the intermediate length on unemployment (5-26 weeks unemployed) indicates the problem is not getting worse. Put another way, the damage caused by the initial bloodbath is still hurting us, but it's not getting much worse. But that original damage was very bad and is a prime reason for the currently high unemployment rate. 2.) The bursting of the housing bubble is causing tremendous problems. At its worst, total non-farm payrolls dropped by 8.7 million jobs during the Great Recession. Total losses in the construction sector were a little over 2 million or a little over 20%. The dismal state of housing means these jobs will not be coming back anytime soon, which means unemployed construction workers face dim job prospects. 3.) There is a tremendous global realignment occurring in the manufacturing sector right now, as evidenced by the massive drop in employment. Part of this is due to automation in the US and part of this is due to a shift in economic centers of power. As emerging markets develop, it makes more sense to move manufacturing facilities to these developing countries, lowering overall US manufacturing employment. While manufacturing is still important to the US (it has been a primary driver of growth during this expansion) it needs less and less labor -- a trend which will continue. 4.) There is a slow bleed of government workers over the last two years that continues to add to the unemployed and keep initial unemployment claims about 400,000. This slow bleed is not a death knell, but it certainly doesn't help. 5.) The US economy is not creating jobs for those with anything less than a college education in any meaningful way. This is a tremendous problem going forward and, I believe, represents one of the core problems we face going forward. 6.) We're also seeing a drop in the number of people in the labor force as the baby boomers start to retire. I outlined my thoughts on that argument here. If you're not employed in construction, housing, manufacturing or government and you have a college degree or higher, you should be OK. But, that's a pretty narrow swath of the employed population and explains why the employment situation still sucks. bonddad.blogspot.com/2011/07/five-fundamental-problems-with-jobs.html
|
|
|
Post by graybeard on Jul 15, 2011 10:40:14 GMT -6
#3 is bullshit. There wouldn't be much offshore manufacturing without free access to the US consumer market.
#5 is a result of #3. The majority of people don't have either the intelligence or the self discipline to make it thorugh college, even if it were free. Without manufacturing and ancillaries, there is no work for these people.
What is suggested here, annihilation of those without college degrees?
GB
|
|
|
Post by unlawflcombatnt on Jul 15, 2011 21:17:51 GMT -6
#3 is bullshit. There wouldn't be much offshore manufacturing without free access to the US consumer market. Took the words right out of my mouth, Graybeard. The implication from #3 is that emerging market consumers are going to supplant American consumers. Nothing could be further from the truth. The American consumer market is still 20% the world's total GDP. ($10 trillion out of roughly $50 trillion.) Jobs move offshore due to cheaper labor for the most part. In rare cases due to very low Corporate taxes (like Pfizer's moving Lipitor production to Ireland). But it has nothing to do with where the consumers are located (except in the case of American-owned Chinese auto manufacturers--whom the Chinese government has mandated that they build their cars in China.) Yes. And soon there aren't going to be any jobs for college graduates either, since there are college-educated 3rd world workers willing to work for less than minimum wage in this country.
|
|
|
Post by spudbuddy on Jul 18, 2011 20:22:54 GMT -6
hmmm. No matter how you hedge it, it's a bad bet all over the place. Monopoly Board funny money chased by the most desperate...(kind of reminds me of those little kids' wooden blocks, piled as high as they would go until they fall over...)
They always fall over.
|
|