Slashdot Mirror
Electrical Engineering Labor Pool Shrinking
dcblogs writes "The number of electrical engineers in the workforce has declined over the last decade. It's not a steady decline, and it moves up and down, but the overall trend is not positive. In 2002 the U.S. had 385,000 employed electrical engineers; in 2004, post dot.com bubble, it was at 343,000. It reached 382,000 in 2006, but has not risen above 350,000 since then, according to U.S. Labor Data. In 2012, there were 335,000 electrical engineers in the workforce. Of the situation, one unemployed electrical engineer said: 'I am getting interviews but, they have numerous candidates to choose from. The employers are very fussy. They are really only interested in a perfect match to their needs. They don't want the cost to develop talent internally. They are even trying to combine positions to save money. I came across one employer trying to combine a mechanical and electrical engineer.'"
Exactly. As an bachelors with honours engineering graduate I find it almost impossible to get work. Companies are not willing to train people in-house. I'd like to know how many engineering graduates have passed through university and are now doing a job they are qualified to do, looking at 15, 10, 5 years and present day.
I can't get a job because I haven't got the experience. I can't get the experience because I can't get a job. Catch 22.
The employers are very fussy. They are really only interested in a perfect match to their needs. They don't want the cost to develop talent internally. They are even trying to combine positions to save money. I came across one employer trying to combine a mechanical and electrical engineer.
Read between the lines: "We can replace all of them with immigrants, but only if we can prove there's nobody who can fill the position. I know! Let's draft the requirements so they're impossible to fill, then hire the same person we would have anyway at half the price because we had to 'settle'. Brilliant!"
#fuckbeta #iamslashdot #dicemustdie
Employers want to make as much money as possible without having to pay people.
Its been said before:
The tendency of the rate of profit to fall is a theory put forward by Marx to the effect that the rate of profit enjoyed by capitalists will get smaller and smaller over time. This is because capitalists use more and more developed materials and machinery in their production as the labour process becomes more and more socialised over time, and use smaller and smaller amounts of wage-labour per unit output.
personally I think Marx's criticism of capitalism is pretty accurate. Its only where he assumes that uprising and revolution will lead to some utopian ideal that he goes wrong.
That is put perfectly, and matches my own experience.
I'm out of school for 12-13 years and my salary is just barely 50-60% higher than starting, which was exceptional at the time. If you don't make the move to marketing, sales or management you will stagnate. The exception of course is for anyone who is above average and performing company critical functions (but then you need to constantly apply pressure to see increases).
I'm not complaining, I like the work and I still get paid very well compared to the average person...