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i am curious

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Zemyna

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Peso said:
i have been watching the debates and the precedence on education, and yet my brother has a degree in chemical engineering and cant find a job...this makes no sense.
You are right that it makes no sense. I know so many people in big cities, little towns with college degrees that can't find any jobs. The problem isn't education. There are plenty of people with education or getting their education. It is that there are just no jobs.

Not only do you have to compete with your own countrymen for a job, you have to compete with EDUCATED DEGREED people in East Asia that will accept 1/3 of what they would have to pay you for a job. It is really a horrible job market right now. :mad:

Read this article for some enlightenment on the problem of outsourcing:

http://www.businessweek.com/magazine/content/03_05/b3818001.htm

About 1,600 km north, on an old flour mill site outside New Delhi, all four floors of Wipro Spectramind Ltd.'s sandstone-and-glass building are buzzing at midnight with 2,500 young college-educated men and women. They are processing claims for a major U.S. insurance company and providing help-desk support for a big U.S. Internet service provider--all at a cost up to 60% lower than in the U.S. Seven Wipro Spectramind staff with PhDs in molecular biology sift through scientific research for Western pharmaceutical companies. Behind glass-framed doors, Wipro voice coaches drill staff on how to speak American English. U.S. customers like a familiar accent on the other end of the line.
Apparently, one business owner decided not to go with outsourcing because he found that the job market was so bad in the US for, in this case, software engineers, that he could pay them Indian wages with no problems.

http://www.businessweek.com/smallbiz/content/dec2003/sb2003122_8887.htm
 
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Fit4Christ

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Zemyna said:
You are right that it makes no sense. I know so many people in big cities, little towns with college degrees that can't find any jobs. The problem isn't education. There are plenty of people with education or getting their education. It is that there are just no jobs.

Not only do you have to compete with your own countrymen for a job, you have to compete with EDUCATED DEGREED people in East Asia that will accept 1/3 of what they would have to pay you for a job. It is really a horrible job market right now. :mad:

Read this article for some enlightenment on the problem of outsourcing:

http://www.businessweek.com/magazine/content/03_05/b3818001.htm


Apparently, one business owner decided not to go with outsourcing because he found that the job market was so bad in the US for, in this case, software engineers, that he could pay them Indian wages with no problems.

http://www.businessweek.com/smallbiz/content/dec2003/sb2003122_8887.htm
I think it's a horrible job market because some people in the computer field have, or did have, unrealistic expectations in salary due to the internet boom. People were making millions, and during the height of it, just about anyone with any reasonable amount of experience could walk in and name their price. I also think that is true in other industries.

I live in a particular area of the country that hosts both the major software company and the major aerospace company (gee, that's tough to figure out!). I know people who work for one or the other, or have worked for both at some point. These people know they are very fortunate and that their wages/benefits are artificially high.
 
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