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The Myth of the Science and Engineering Shortage
walterbyrd (182728) writes in with this story that calls into question the conventional wisdom that there is a shortage of science and engineering workforce in the U.S. "Such claims are now well established as conventional wisdom. There is almost no debate in the mainstream. They echo from corporate CEO to corporate CEO, from lobbyist to lobbyist, from editorial writer to editorial writer. But what if what everyone knows is wrong? What if this conventional wisdom is just the same claims ricocheting in an echo chamber? The truth is that there is little credible evidence of the claimed widespread shortages in the U.S. science and engineering workforce."
There is a lot more to this article than the mythical labor shortage. There is a discussion of the complexity of the issue. That includes things like labor market cycles, shortages in some specializations with surpluses in many, the cost of misinformation to graduates, and a fair bit more.
To the summary skimmers, this article is probably worth your time.
Correct. While some may not appreciate this, it's the compilation and interpretation of the links that provides value.
I learned this, first hand, when I had opportunities to read published "classified" documents as part of my military duties. My first thought was, like, "No Shit Shirlock...this is common knowledge." The information sources that were cited in the paper were all public domain or common, open sources, and readily available and even were the subject of discussions I had made with my peers. However, it was the analysis of the information, the common threads, and the meaning the analyst derived from that information that made it a classified document.
The point I took away from this article is not that there is not a shortage of capable works. Instead, it's a shortage of capable workers willing to work at the salaries and rates being offered. The VISA opportunities, as stated in the article, have enabled positions to be filled with qualified individuals at a substantially lower cost. In many cases, the job positions are created with the specific goal of filling with someone offshore. While this works out well for corporations, Sadly, this puts American workers at a serious disadvantage since they still have to live in this environment.
I have no qualms with hiring someone from overseas who has a passion for the work and willing to work for a little less. I do have issues hiring someone just because they can do it cheaper. My experience is the latter costs more in the end while the former can be a great bargain. Nonetheless, I still would prefer to see those jobs go to Americans first, those with passion second, and finally qualified but lower-cost last.