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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.22+0.1%3:59 PM EST

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To: Lizzie Tudor who wrote (67619)4/14/2005 4:43:06 PM
From: Amy J  Read Replies (1) of 77400
 
Lizzie, I agree with this here - there won't be significant new jobs that are high paying unless we fund new innovations (such as university RND, biotech, stem cell, etc.)

I think there's a lot of truth to what you say about how there are architects here because the bottom rung of the ladder was there for them to climb up. Today, entry level people will have to accept lower paying jobs to compete with overseas salaries, then move up to become an architect. The path is still there, if the market forces are free from blind mandates.

Good post:

RE: "Its been 4 years since the US economy has been able to create a consistent number of jobs to keep up with population growth, and that is, contrary to what some here are trying to put forth, 150K jobs/month. Anyone in high tech can see we've got a major downward spiral happening on the job creation front, because the only reason the architects are sitting here, in the US, NOW, is because this offshoring trend is relatively new. Give it another 5-10 years and there won't be any leadership to staff new companies here, due to the lack of entry level posts for new engineering grads here."

Regards,
Amy J
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