Globalization Decimating US I.T. Jobs

Posted by ryuzaki0 on Sunday October 1, 2006 @04:08PM from the we-knew-that dept.

mrraven writes, "According to Ronald Reagan's former deputy secretary of the treasury in this article in Counterpunch, globalization is destroying US I.T. jobs. From the article: 'During the past five years (January 01 – January 06), the information sector of the US economy lost 644,000 jobs, or 17.4 per cent of its work force. Computer systems design and related work lost 105,000 jobs, or 8.5 per cent of its work force. Clearly, jobs offshoring is not creating jobs in computers and information technology.'" Paul Craig Roberts quotes a number of formerly pro-globalization economists who are now seeing the light of the harrowing of the US middle class. It's not limited to I.T. Roberts quotes one recanting economist, Alan Blinder, as saying that 42–56 million American service-sector jobs are susceptible to offshoring.

3 of 1,102 comments (clear)

Re:In more trouble than most realize... by dingDaShan · 2006-10-01 16:47 · Score: 5, Funny

Yea, I am experiencing this too... This guy from Singapore installed a router here and he was in India at the time. It was really amazing how foreigners can defy physics now. Geez the internet is changing everything.
Re:In more trouble than most realize... by misleb · 2006-10-01 18:34 · Score: 5, Funny

The US *DOES* have a seriously bad management culture which is a far bigger threat than outsourcing IMHO.

The MBA is the new Visual Basic certification. :-P

-matthew

--
"THERE IS NO JUSTICE, THERE IS ONLY ME." -Death
Re:In more trouble than most realize... by Anonymous Coward · 2006-10-01 21:22 · Score: 5, Funny

Disclaimer: I am an IT manager

Dude, you didn't need that disclaimer, your post looks like a powerpoint sheet: a nice bulleted list, it has manager all over it.