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Study: 400,000 IT jobs lost since March 2001

Originally posted by: ciba
Can you say dot-com bubble? I knew you could.



So how many years should we wait for something to be fixed? And the Dot.Com bubble was previous to the election... Nice try thanks for playing heres your parting gift :cookie:










SHUX
 
The bubble may have burst before the election however its after effects are still ongoing today....

As far as being fixed? IMHO the Tech market will never be what it was before, if you want a posh tech job move to India...the only hope is that govt contracts pick up and the biotech industry demands a greater need for techies, but Kerry is against both.
 
IT Jobs have not decreased, they are just being moved to India. This is a business decision, and it is hard to put forth any legislation to put a stop to it. The best you could hope for is increased taxes for moving jobs out of the country or incresed incentives for companies that do not ship jobs overseas.

A lot of the automobile parts we use today are made in Canada or Mexico, but we still put a sticker on the car that says "Made In America!"

The IT sector is not the only industry to suffer.

I would like to see what a democrat plans on doing to stop this activity. Kerry or Edwards could have written a bill to fight this, but apperently they are not interested in hurting corporations who geve them money to run for office.
 
It is not like economists, stock analysts, and Greenspan didnt voice warning on over inflated stock prices when Clinton was in office. Everyone should have known the IT Economy was going to take a big plunge.
 
Originally posted by: piasabird
IT Jobs have not decreased, they are just being moved to India. This is a business decision, and it is hard to put forth any legislation to put a stop to it. The best you could hope for is increased taxes for moving jobs out of the country or incresed incentives for companies that do not ship jobs overseas.

A lot of the automobile parts we use today are made in Canada or Mexico, but we still put a sticker on the car that says "Made In America!"

The IT sector is not the only industry to suffer.

I would like to see what a democrat plans on doing to stop this activity. Kerry or Edwards could have written a bill to fight this, but apperently they are not interested in hurting corporations who geve them money to run for office.

Conjur suffer with this problem. I hope he could see your post

 
Those jobs aren't lost: you can find than by calling tech support. They are a bit hard to recognize with the accent, though.
 
Originally posted by: Shuxclams
403,300 jobs lost since the st...ch 2001 to April 2004.


A Republican House, A Republican Senate and a Republican President......... Do you really want four more years?


SHUX
Did you even read the article?

Officials from the center and WashTech argued that the job losses resulted from several factors, including the shift of work to lower-cost nations and the use of H-1B visas, which can be used to import computer programmers and other skilled workers.
Can't blame the admin for this... it is what is needed to fill the positions.
In recent weeks, conflicting information has emerged about the job scene for tech professionals. Unemployment in the field has dropped, as has the total number of jobs--suggesting discouraged workers may have dropped out of the field.
How is this the administrations fault?
A survey by a staffing firm found gradually increasing confidence among IT workers in the job market. But a recent study by the Information Technology Association of America trade group found just a "slight" recovery for the IT job market in 2004.

That report concluded that the number of U.S. IT workers rose 2 percent, to 10.5 million, in the first quarter of this year, but demand for IT workers is dropping.
How much can the administration regulate "damand for IT workers?"
"It's almost economically impossible to argue that there are not enough skilled, high-tech workers domestically," Courtney said.
They either want too much $$ (same as the .com boom) or they are too lazy to do the multiple roles that are now required of IT professionals due to downsizing career field.

You can blame stubbing your toe on the administration but that would be just as stupid as using this article to support your assertion that this is Bush's fault.
 
Originally posted by: nick1985
Originally posted by: Shuxclams
403,300 jobs lost since the st...ch 2001 to April 2004.


A Republican House, A Republican Senate and a Republican President......... Do you really want four more years?




SHUX

yes





nick1985

Very sad

IT jobs have steadily fallen since 2001. What's the news other than it's time to change careers.

And do what? work for the goverment? Join the army? Maybe the Goverment can retrain me like they have tried to retrain everyone else... OBTW I already have a high level executive position in the IT field..... so it doesnt much matter to me, I can hire more than qualified Network Admin's and Desktop Support people for FAR below what they are worth. Maybe I can get one of you wanna be tecies for $5 an hour soon.

The bubble may have burst before the election however its after effects are still ongoing today....

As far as being fixed? IMHO the Tech market will never be what it was before, if you want a posh tech job move to India...the only hope is that govt contracts pick up and the biotech industry demands a greater need for techies, but Kerry is against both.

Posh tech job? You mean customer support is "posh" ? Are you from some swampland assbackward part of the country? Posh? Is stocking shelves at Walmart a Career to you? How about selling PC's at Comp USA? LoL

y'all talk about the bubble.. tell that to the people in India who now have 400,000+ new tech jobs.

LMAO




SHUX

 
Altough I wouldn't want the equivalent of a Republican in my own country, I've gotta say that your logic is flawed.

If you determine whether or not a government's policies are good or bad based on the state of one sub-sector of the economy, unless you can justify why this sector is more important then other sectors, then it logically follows that a government's policies can be judged "bad" based on whether or not any sector does poorly. The only way to ensure that this would happen would be impose regulations on business so restricting that they would be tantamount to expropriation, with the ensuing constitutional challenge that would result. Also, the static nature of such an economy would practically ensure an almost complete halt on economic growth.

 
The "bubble" was inflated and did not reflect actual demand; it was la-la land and will never happen again. The "burst" was simply natural correction by the market. Nothing to fix!
 
Originally posted by: Shuxclams
And do what? work for the goverment? Join the army? Maybe the Goverment can retrain me like they have tried to retrain everyone else... OBTW I already have a high level executive position in the IT field..... so it doesnt much matter to me, I can hire more than qualified Network Admin's and Desktop Support people for FAR below what they are worth. Maybe I can get one of you wanna be tecies for $5 an hour soon.

Assuming that Shux is in fact an executive, I will argue that it is executive management like him that cause the fall of the tech sector. This guy can't seem to craft a sentence. How could he possibly have the communication skills necessary in executive management?

That said, many of the IT jobs gone are blue collar workers playing dress-up in white collar jobs. Just like automotive workers have been outsourced in the past, IT is the automotive industry of today.
 
I spent 6 years in school to become a travel agent. Now with Bush in office and the crapping internet taking all my business, i have been unemployed for 2 years. Time for a change.
 
Originally posted by: rudder
I spent 6 years in school to become a travel agent. Now with Bush in office and the crapping internet taking all my business, i have been unemployed for 2 years. Time for a change.

What has Bush done that directly negatively effected your industry? If you are honest with yourself, you'd admit that the internet is what killed the need for agents. It's the price of technology. Do you remember when your industry was still going strong and then computers were introduced? How many people were replaced by the programs you ran?
 
Originally posted by: ciba
Originally posted by: Shuxclams
And do what? work for the goverment? Join the army? Maybe the Goverment can retrain me like they have tried to retrain everyone else... OBTW I already have a high level executive position in the IT field..... so it doesnt much matter to me, I can hire more than qualified Network Admin's and Desktop Support people for FAR below what they are worth. Maybe I can get one of you wanna be techies for $5 an hour soon.

Assuming that Shux is in fact an executive, I will argue that it is executive management like him that cause the fall of the tech sector. This guy can't seem to craft a sentence. How could he possibly have the communication skills necessary in executive management?

That said, many of the IT jobs gone are blue collar workers playing dress-up in white collar jobs. Just like automotive workers have been outsourced in the past, IT is the automotive industry of today.

One can survive using 'F7' for a longggg time... :laugh:

FACT: Holds title - "Director of IT" for medium size company in California.
FACT: Submits reports to and leads meetings with Fortune 100 (and in the past Fortune 50 companies)
FACT: Is pressed for time replying to stupid P&N posts while at work...:shocked:






:cookie: <~~~~ Now off you go son.







SHUX
 
Originally posted by: TheGameIs21
Originally posted by: rudder
I spent 6 years in school to become a travel agent. Now with Bush in office and the crapping internet taking all my business, i have been unemployed for 2 years. Time for a change.

What has Bush done that directly negatively effected your industry? If you are honest with yourself, you'd admit that the internet is what killed the need for agents. It's the price of technology. Do you remember when your industry was still going strong and then computers were introduced? How many people were replaced by the programs you ran?


I see your point, but how about asking yourself an honest question;

Your industry hasnt been bothered by the past few years of this "Economy"....

or

Did you see any "Tax Relief"?






SHUX
 
Originally posted by: GTaudiophile
The "bubble" was inflated and did not reflect actual demand; it was la-la land and will never happen again. The "burst" was simply natural correction by the market. Nothing to fix!
Yep

 
Originally posted by: Shuxclams
Originally posted by: TheGameIs21
Originally posted by: rudder
I spent 6 years in school to become a travel agent. Now with Bush in office and the crapping internet taking all my business, i have been unemployed for 2 years. Time for a change.

What has Bush done that directly negatively effected your industry? If you are honest with yourself, you'd admit that the internet is what killed the need for agents. It's the price of technology. Do you remember when your industry was still going strong and then computers were introduced? How many people were replaced by the programs you ran?


I see your point, but how about asking yourself an honest question;

Your industry hasnt been bothered by the past few years of this "Economy"....

or

Did you see any "Tax Relief"?






SHUX

I am a mid level manager in the IT department for a utility company. I can say that neither GWB OR Clinton have done anything to harm the IT Industry that I have experienced. IT suffered the initial fall out of .com and then Companies started cutting staff and doubling up workload on remaining workforce.

In regards to Tax Relief, I have not been directly effected but I am not blind to how it effects me in the "big picture". You probably think Trickle Down is a hoax but it works and I am not going to try to convince you. It was covered in OT last week and I said what I had to say there.

In regards to the ".com burst"
People have to understand that the .com burst was a unique occurance in economic terms. Never before has so much money been put into distorted images of growth. Part of that growth is "correcting" even today. You had employees with nothing more that an A+ getting $50K+ for doing entry level work at these many small overly funded offices. Good solid techs were leaving solid IT Positions at places like Utility Companies and Banks etc... to make the huge $$ being offered. To compensate for this loss, these companies had to pay inflated rates to techs to keep or replace them. Today, alot of these companies continue to get rid of these IT Professionals that are over paid in today's terms so that they are back to pre .com days. That hurts alot of people that financed their life with the .com wages.

The "bubble" started to burst while Clinton was in office. The only thing he could have done to keep it from happening was to regulate the IT industry. That is the last thing that anyone would want.

Now back on topic. The Administration of Clinton and GWB couldn't have done anything to prevent the loss of 400,000 IT jobs. You have Joe A+ Schmoe living in the US wanting an "inflated" version of what he thinks he's worth and you have {insert foreign name here} living in India, willing to do the same job for half the cost. Granted he has an accent that I'll hang up on before I try to deal with him but I have no doubt that he can do the same job as Joe (hell, have you called american companies doing support?) I can't blame an employer for going that route and I can't blame the administration for not keeping a business owner from doing what he wants with his company.

I wouldn't go that route myeslf just because I know that I hate to deal with accents that usually force me to say "What" 4 times for each statement they make in broken english. Customer Service is worth more to me than saving some $$ on payroll.

Was that disjointed enough? 😕
 
Originally posted by: GTaudiophile
The "bubble" was inflated and did not reflect actual demand; it was la-la land and will never happen again. The "burst" was simply natural correction by the market. Nothing to fix!

My favorite part of the bubble was when the media explained the astronomical IPOs of these little dot-coms making NO money by claiming "profits didn't matter". :roll: Well, maybe not to you . . .
 
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