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U.S. IT jobs Down 400K Since 2001
Cryofan writes "A research study shows that American information technology industry 'lost 403,300 jobs between March 2001, when the recession began, and April 2004.' Over half of those jobs - 206,300 - were lost after the recession was declared over in November 2001. In all, the job market for high-tech workers shrank by 18.8 percent, to 1,743,500, between March 2001 and April 2004. And the bloodletting continues -- as
reported here on Slashdot earlier this year, the number of employed Software Engineers fell by 15% from April to July of 2004 (from 856,000 to 725,000)."
india and china's economy growth is booming :)
no really. it's true.
Marge, get me your address book, 4 beers, and my conversation hat.
While the IT job market has shrunk by close to 20%, how does the industry do? Was profit/revenue etc down by similar margin as well?
Uselessful technology (Air-Charged
If you work in one of the industries of the nineteenth century, namely farming or steel, the politicians call you "regular Americans" and bail you out with subsidies and trade protections. If you are one of the far more numerous IT workers whose taxes bankroll the nation, you get a shrug and a suggestion you go back to school.
Those lost jobs, are they measured from when the bubble started, the peak of the bubble, a pre-bubble trend line predicting normal growth? India and China's high tech growth, is there a bubble over their? Have we, in typical American fashion, over reacted to one extreme and gone to the other? The only point I am trying to make is that things are far more complicated than a simple statistic suggests.
I'm curious. Exactly *how* do you expect the president to get jobs back?
Stop spending $100s of billions on counterproductive wars, farm subsidies, ineffective weapons systems, etc. Oh, and stop pretending that with as much as we spend on Medicare and Medicaid, we don't already have socialized medicine; we just have a form that provides a disincentive for the LMC to work, while imposing an HR burden on every business.
Presidents can't fix the economy. But they can sure screw it up...
Ooh, a sarcasm detector. Oh, that's a real useful invention.
You go tell that to someone in a trailer park near Saint Louis or Detroit, then if you live you can come back and tell us the tale of how it went.
The gap does matter, because when a significant proportion of the population becomes richer and the rest doesn't or not as much, large items such as houses, access to private health care, private education and even cars become a lot more expensive and you have the making of deprived neighborhoods where everyone is a tenant in a shabby house, and then crime flourishes.
In the US there is a lot of crime, a lot of drugs, a lot of people under a federally declared line of poverty who live a short and dangerous life that a Roman Emperor certainly wouldn't have chosen for himself.
This is also true of most countries in the west. In Australia where I live Aboriginal people on average live 20 years less than non-aboriginal, even in the middle of Sydney. A lot of it is due to poor sanitation, lack of education and general poverty.
There are poor people in the US and elsewhere who are not given a fair deal in life because they happen to have been born in a poor neighborhood and I can tell you that it does in fact suck.
I'm pretty damn certain you wouldn't want to take their place next to the beautiful cell phone they have so please stop patronizing, you are insulting a lot of people.
Uhhhh.... I was with you until this:
If you hate what is happening to our country, the USA, then please write the following on the November ballot.
president: Bill O'Reilly
vice-president: Tammy Bruce
Seriously, I've said the same stuff about the situation with India and China, just got finished mentioning it before I saw this post. But, and this is a big but, your conclusion makes abso-fscking-lutely no sense whatsoever. Bill OReilly can't keep left and right straight, much less understand how the hell to deal with pushing Fair Trade instead of Free Trade.
How would an anti-Union, pro-Corporate shill for the right do jack to help the American Worker?
I was really expecting to see you throw support to John Kerry, but WTF? Did I miss a joke somewhere?
Arrogance is Confidence which lacks integrity. -- me
And people buy the least expensive item possible.
Who cares why Indians and Chinese are willing to work for less? It doesn't matter. If their governments are willing to force their people to sell their labor for cheap (an assumption I disagree with, but let's run with it anyway) that's just good for us.
Americans want their own jobs protected, but then turn around and buy the imported item that's cheaper. And that *IS* a free market - Americans are deciding that saving a few bucks is better than employing other americans, and THAT is why jobs are outsourced.
Because Americans WANT jobs to be outsourced.
Just not theirs. But they lose that vote.
paintball
Much as any politician would hate to accept, the economy is now well and truly in the hand of the Corporates, not the political forum. Anyone getting elected to the presidency will hardly make a difference to the economy. Consider the strength of the Chinese and the Indian economies, and consider for a moment who's been in power in those countries for some years now....
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If you keep throwing chairs, one day you'll break windows....
I'm curious how many people who are quick to blame the White House for economic woes know who their congresscritters are, let alone who they're running against this November.
The system is broken.
We keep playing the game like it's an open system, and it never was, and now we are quickly discovering the end stops.
Designing an economic model which awards wealth to those who grow, is doomed when a company, any company reaches market saturation.
The American economy no longer exists, American business is multinational, global, and not limited to our borders. It finds cheap labor and brings the saving in production back to the U.S. where American consumers rejoice at the low cost of service and goods. Sadly it's all a sham. It's as unsustainable as a constant diet of junk food. It tastes good while you're eating it, but it's slowly killing you. It's all take and no give, the dollars fly out of the country faster and faster, until the nations fundamental wealth is gone, and the citizens of the nation notice they are now the collective bag holders.
* Money that leaves never supports U.S. economy and infrastructure. * Money that leaves undermines U.S. labor, costing jobs and quality of living. * The growing gap between haves and have nots in the U.S. suggest a growing economic instability. Loss of jobs starting with manufacturing, but now quickly moving up through intellectual "white collar" professions, points to a growing joblessness with no end in sight. As the government services fail (and if you haven't been reading the paper or watching the news at 11:00, local government everywhere in this country is on the verge of collapse), the means to manage and provide basic life needs to the growing disenfranchised evaporates. The middle class vanishes. We are all reduced to the same level of living enjoyed by billions of starving people all over the world. Already 3% of our population owns 75% of the wealth, this is the greatest desparity in wealth in our history. And still the insanity accelerates. This is just the beginning ladies and gentlemen. What will you do, when your kids fresh out of college, with hundred thousand dollar college loans to pay, can't find work. What will you do, when you haven't received a raise in 4 years, and the boss says "Sorry, the work is heading to China."
I've personally spent the last 6 months looking for work, I've had my resume tuned, I have 25 years of technical experience, and I've made it clear I'll do almost anything, and I have not had a single interview. I'm not alone, I have a couple hundred friends and acquaintances who've been unemployed for between 2 and 3.5 years.
I keep hearing neocons mouthing the lines of Scrooge from a Christmas Carol... "the surplus population shold just get on with the business of dying...", or some variation of that. It's not bad yet. It may well get there. If it does, our government, is going to have a very bad time. Our society is going to have a very bad time. We need to begin addressing sustainable business practice from an economic, environmental, and ethics based context. To simply let the train go where it will is to insure a crash none of us will walk away from.
Genda