U.S. IT Hiring Increases Despite Outsourcing
surefooted1 writes "A CNN article reports that a new study has shown that U.S. tech hiring has increased, despite oversees outsourcing. It mentions that the job market is higher today than it was at the height of the dot-com boom." From the article: "The study suggests that there are several factors in the continued growth in demand for IT workers here. The report said part of it is due to the use of offshoring by U.S. companies, including start-up firms, to limit their costs and thus grow their businesses. That, in turn, creates more opportunities here even as an increasing amount of work is done overseas. The study also said that companies from a variety of sectors in the economy continue to discover greater efficiency and more competitive operations through investment in IT."
I am glad to hear there are more jobs... but then, why am I making 25% less than what I was making 5 months ago? Hell, when the dot com bubble burst, and then I got laid off in 2001, was the highest I have been paid in my life. It was not a lot of money, but I wish I could make that much again. There may be more jobs, but I think that there is a flood of people taking them that are not getting paid as much. I have over 10 years experience, and struggle to find any decent employment.
http://www.acm.org/globalizationreport/summary.htm
everyone downmodding this post will be prosecuted for reading my post without first buying a license!!!
The jobs aren't going to be searching for you so I have to question what are you doing to find the jobs? I realize you are upset at not having found anything, but my experience is that the jobs are available. Personally, I've recently had calls/emails from former co-workers all trying to cash in on hiring referrals (both new and experienced hires). The IT job market seems pretty strong to me.
So the questions for you are:
I beg to differ. The theory of comparative advantage says that the tech industry wouldn't be more vibrant without outsourcing.
Key to financial independence: Spend less than you earn. Save and invest the difference. Do it for a long time.
While the ACM or IEEE are theoretically advocates for US IT workers, they both receive a lot of money from the same companies advocating no cap on H1-B visas and so forth. Go to ACM's events and conferences web page and click on SIGCSE 2006. Who is sponsoring this in big letters on the bottom? IBM, Microsoft and Sun, the main drivers behind more H1-B visas.
There are other organizations which are not as in debt to these organizations. I did a web page of my own about this a year or two ago. Any organization like the ACM that takes massive money from these corporations which advocate no H1-B caps can not be trusted to advocate for IT workers. Only an organization that only depends on money from IT workers can be trusted. It's common sense. In fact, these corporate officers usually have more sense about these things, and who is on whose side, than many IT workers.