Foreign Job Outsourcing

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Thinking About Foreign Job Outsourcing

Re-Education was Supposed To Save Us When We Lost Our Manufacturing Jobs

Now We're Losing Information and Service Jobs Faster Than People Can Train Themselves For Them

By [Garnet R. Chaney]
Garnet 's thoughts about some of the latest news, and also the articles February 2004 Gas Price Resistance , Independent Gas Stations .

BTW, did you notice Greenspan's comments recently about how job off-sourcing to India is a good thing, and that all it takes for U.S. workers to survive is some re-education?

He [misses the point] that the jobs are being taken from people who are already well educated, and being given to people who are almost as well educated. This wasn't supposed to happen. Over several decades we have lost a lot of our manufacturing jobs. We were supposed to become a service economy.

Now we're loosing our white-collar jobs also -- information technology, customer service, accounting, programming, and more. The decreased costs of communications, and the availability of well trained workforces elsewhere in the world, is draining our service and information jobs. As of spring of 2004, the U.S. still has something like 2.3 million less people on non-farm payrolls than we had at the height of the dot-com. That's only one person out of every 50-100 American families maybe, so it doesn't seem like much, but in the high-tech sector, it's a very large percentage. This has kept the U.S. job market in the longest slump since World War II.

And it's even worse for those who were trying to get into dotcom.[Students stung as computer schools close] is an article about people who tried to jump on the dotcom band wagon too late. About a fifth of the computer schools in Michigan and Texas went bust, leaving students with loans that they still have to repay to banks. So much for their attempts at re-education.

Please continue to I Outsourced Jobs To Foreign Workers ...

Other articles about outsourcing:

• [Offshoring pays off but not as much as you think]
• December 2003 - [150,000 U.S. software jobs lost last year]
• [Programming report articles]

See also Garnet 's thoughts about some of the latest news, and also the articles February 2004 Gas Price Resistance , Independent Gas Stations , Foreign Job Outsourcing , [College Contrarian Viewpoint]...

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