Mlsoft, maybe a better way of asking would be, where will the jobs come from when the economy does turn around? Can we survive primarily as a service based economy that outsources continually its manufacturing base, and now even many IT areas?
Exactly.
IT jobs are going left and right to India.
What is going to stop this long term trend.
I call it a long term trend but IMO a trend that just started. I say long term beacuse I expect it to hold tru for a long time.
Call centers are moving to India
MSFT moved a java development division to India
Saw an add in the Chicago Tribune for a job but the #1 requirement was familiarity with working in India etc. It was obvious that someone was looking to move x numbers of workers there.
IBM has cut back more workers.
Think about this for a second.
Didnt IBM just win a huge contrace from C or someone to do their processing? Where are those jobs going. C lost jobs, IBM cutting back jobs as well. Where did they go.
IBM HP and others are now openly bragging about their Asian connections. Even if the outsourcing is from one US company to IBM, what is stopping IBM from processing/developing whatever in India?
I believe accounting jobs will be the next to go.
Why not?
Unless there are some laws passed to stop these trends, we will be left with only thos jobs that HAVE to stay here.
Construction, lawn care services, medical, nursing, etc.
Otherwise we can not compete with foreign wage rates.
On a side note, but a disturbing one, USAIR was allowed to scrap its pension plan. How many retirees are getting screwed or going to get screwed when companies with heavily underfunded pension plans go under. How mush spending will that suck out of the economy?
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