Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Tradelite who wrote (33161)	6/11/2005 3:50:38 PM
From: SouthFloridaGuy	Read Replies (1) \| Respond to of 306849

I once read a similar article about a shortage of IT workers from the same publication. That's the beauty of the Internet, you can call somebody's bullsh!t out in about 10 seconds.

To: Tradelite who wrote (33161)	6/11/2005 3:56:23 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 306849

I do not know if the number includes population growth or not. In any case the next paragraph is related to RE workers in demand, and not sure what percentage Maryland is as related to the whole country. Further no details to the skills of the skilled workers. .... and how this reconcile the conclusions in this analysis northerntrust.com The gap, which is already being felt in the Maryland construction industry, will grow worse without changes in policy and training, the report said. The state's construction industry estimates it could hire about 7,500 workers today but cannot fill those jobs because applicants are ill prepared or don't have the transportation to get to work.

To: Tradelite who wrote (33161)	6/11/2005 4:37:14 PM
From: bentway	Read Replies (1) \| Respond to of 306849

Far be it from me to doubt such a prestigious institution! (Prince George's (MD) Community College)

To: Tradelite who wrote (33161)	6/12/2005 2:42:35 PM
From: tsigprofit	Read Replies (7) \| Respond to of 306849

I have to agree completely with LongIslandGuy on IT. We were told in the 80s that computer science would need hundred of thousands of grads. Many went into this field, and did well in the 90s. Then BOOOM - an implosion. There has been a dramatic decline in IT jobs that is just not being reported. I have seen over half of the people I know in the field lose jobs in the last 4-5 years once, twice, three times, or more. Job security is nil. Education is not the answer, plenty of people with Master's degrees and above can tell you that. I think this is put out just to justify more outsourcing of jobs to places with cheap labor. Education will not solve this. Someone being paid 60K in the US with benefits cannot compete against comeone making 12K-15K in India - no benefits, no environmental concerns, no Social Security, no labor laws. So - we have people doing the rational thing - leaving the computer industy / IT, engineering in droves. I believe computer science enrollment is down 30% over the last few years. Why borrow money to get a 4 year degree - which is not an easy one by the way to complete - owe maybe 20-40K in loans when you get out - and find that the market is terrible? LOL what a joke. Manufacturing, computer, and other jobs that can be digitized (watch out accountants, financial planners, tax preparers, etc, etc are continuing to decline. The slack is picked up in service jobs, real estate related jobs (what happens to them when the bubble bursts - and it will) 70K jobs in some cases traded for 20K service jobs without benefits. Statistics show no net loss of jobs on that one LOL again. t >> "With labor economists predicting a national shortage of 5.3 million skilled workers and a shortage of 1.7 million unskilled workers in the next five years, the Washington region needs to begin preparing for the inevitable crunch, according to a Prince George's (MD) Community College study."