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Strategies & Market Trends : Roger's 1998 Short Picks
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To: Ploni who wrote (4432)3/8/1998 11:58:00 AM
From: Dr. Seuss  Read Replies (1) of 18691
 
Charles,

I'm with you on this one. Our city's high tech sector is constantly whining about not being able to find enough qualified tech people and that the lack has slowed their ability to grow. I call these scammers, they allude to 80K-90K jobs on the phone and when I go in for an interview, they tell me they can only pay 60K for the same job discussed the day before.

They are hurting for high tech staff. High tech staff that will work for less than the salesmen and administrators. What they don't understand is that traditional high paying jobs are no longer those in demand. These older farts don't want to admit their day is over, but since they are in charge, they think they are the hottest poop and should be paid the most. It amazes me that they don't understand supply and demand.

There is no shortage of tech staff, there is a shortage of employers that recognize the technical labor market for what it is. They would rather hire foreigners as they will work cheaper. Wasn't there just some legislation entered trying to lower restrictions on bringing in high tech foreign labor? They want to lower the demand and the price for workers. There is no shortage.

dr.seuss.com

PS I didn't mean to offend any farts who may be chrologically challenged.
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