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Accenture To Create 15,000 Jobs In US (reuters.com)
Accenture said on Friday it would create 15,000 "highly skilled" new jobs in the United States, as IT services firms brace for a more protectionist U.S. technology visa program under President Donald Trump. From a report on Reuters: The company, which is domiciled in Dublin, Ireland, said the new jobs would increase the company's U.S. workforce by 30 percent to more than 65,000 by the end of 2020. Accenture has more than 394,000 employees, of which about 140,000 are in India. IT services companies have come under the spotlight after Trump said that his administration would focus on creating more jobs for U.S. workers, who had been affected by the outsourcing of jobs abroad. Major IT service companies, particularly those based in India, fly engineers to the United States using H-1B visas to service clients, but some opponents argue they are misusing the visa program to replace U.S. jobs.
Accenture? Companies still hire them? Seriously?
If you hire companies to 'tell you what you want to hear', you have nobody to blame but yourself.
I'm not sure what skills they are talking about, but they are certainly in the 'soft skills' catagory (AKA bullshiting).
John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
Especially when our largest trading partners employ the strongest types of protectionism.
For example, besides the draconian and taciturn restrictions on foreign goods sold there in the PRC you cannot start up a branch or company, you must take on a Chinese partner and if the venture is large enough you must havea CPC member on your board.
In India the only any a foreign national can work legally is if they are transferred within a branch of an existing corporation.
Both India and the PRC are full of pirates with most using stolen software.
Even if it were true, it defies all economic sense that 4 weeks of protectionist policy changes (most of which haven't even been implemented yet) were the cause of a salary rise.
You don't really understand how businesses work, do you?
After Trump was elected and laid out plans, businesses can reasonably know that the corporate tax rate will go down - not the precise amount, but at least a 10% drop - that is a lot of money for even small businesses.
They know that is true across to board in America. So that means businesses simps will have more cash to spend.
Given that most companies will be able to spend more, why would you not plan for the future right now? Why would you not hire more now, or give a better salary raise in order to stave off good employees being poached by coming inevitable hiring surges?
As a concrete example, I have my own small consulting business. As a result of anticipated tax reductions, I knew I would have more money this year so at the end of last year I increased charitable contributions.
The details of actual policies do not matter nearly so much as the certainly in broad strokes that something will happen to improve the outlooks for a business.
"There is more worth loving than we have strength to love." - Brian Jay Stanley
[This entire post regards the United States]
Uh, 5% unemployment at historically-high labor force participation rates? We're not at peak, but we're above the 59% historical labor force maximum participation rate.
See US Civilian Labor Force Participation Rate which is currently 62.9%, down from a peak of just over 67% 1998-2000, now back to a level reached in mid-1977. It has been flatlined for about 2 years.
But yes, the labor force participation rate is higher than when women worked in the kitchen barefoot & pregnant...
You might be thinking of the Civilian Employment-Population Ratio which is at 59.9%, a level equivalent to Dec. 1984. It has been rising since July, 2011.
Regarding wages, Average Hourly Earnings of Production and Nonsupervisory Employees: Total Private is currently at an all-time high, $21.84/hour.
If you'd like to adjust for hours worked and inflation, and look at a median instead of an average, Employed full time: Median usual weekly real earnings: Wage and salary workers: 16 years and over is also at an all-time high of $348 1982-84 CPI Adjusted Dollars, but frankly that isn't too much higher than $335 in 1979, but above the lowest point of $309 in 1981.
Over the last 10 years, the following costs are up: food, health care, child care, vehicle maintenance, and college is way up. On the other hand these prices have fallen slightly: housing, personal care, clothing, cell phone service, and these are much less expensive: toys, computers, televisions.
Unemployment was 0.1% higher in January 2017 than December 2016--no surprise, there's always that slump.
At least the total number of jobs has been increasing since March, 2010.
.. all of those 15K jobs with H1B slaves they import from India.
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The more I know people, the more I love animals