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To: GST who wrote (52960)	2/7/2006 4:02:40 PM
From: Marc Hyman	Read Replies (2) \| Respond to of 110194

many skilled jobs go offshore because the US lacks competent individuals with highly developed skills. You left out an important word. That should read "many skilled jobs go offshore because the US lacks cheap competent individuals with highly developed skills. A "guest worker" in Silicon Valley already makes more than the average American. Irrelevant. The measure is guest worker vs American in the same job. I don't pretend to know what the difference is today, but 8 years ago the "guest worker" was cheaper for two reasons: 1) Pay was on the low end of the range a citizen would have received. Experience and training would have put the guest workers in the middle to high end of the range. 2) Turnover was greatly reduced. Many (most?) of the guest workers wanted to stay in this country and were often given legal support by the company to make this happen. Changing jobs meant either losing their visa or restarting the clock for permanent residency. Keeping turnover down in high tech Silicon Valley is worth lots of money. // marc

To: GST who wrote (52960)	2/7/2006 4:19:46 PM
From: anachronist	Read Replies (2) \| Respond to of 110194

It is already the case that many skilled jobs go offshore because the US lacks competent individuals with highly developed skills. I disagree. Jobs go offshore due to many issues (compensation being primary), but currently there are plenty of highly skilled workers in the US willing to do the job. They just aren't hungry enough yet. However, the situation you describe will occur the longer engineering and sciences jobs are paid below jobs involving moving money around the globe or selling houses... A "guest worker" in Silicon Valley already makes more than the average American. That is simply not true. H1B workers are here because they can be paid a below market wage. When my friend got his green card he quit his job. At a similar position in a different company he makes approximately twice his H1B salary. I agree overall with you global labor arbitrage theory, but I disagree with your assertion that Americans lack technical expertise.

To: GST who wrote (52960)	2/7/2006 9:30:58 PM
From: shades	Respond to of 110194

U.S.Laws May Make Online Job Hunting Harder Posted by Zonk on Tuesday February 07, @01:56PM from the hunting-down-that-scourge dept. j00bar writes "CNN/Fortune is reporting that applying for a job online is going to get harder. 'New federal guidelines meant to standardize how employers track data on the diversity of their job-applicant pool are taking effect starting today for jobs at federal contractors -- and similar rules will kick in later this year at U.S. companies with more than 50 employees. And resumes and search approaches that worked perfectly well before may no longer do the trick.'" yro.slashdot.org

To: GST who wrote (52960)	2/7/2006 9:32:21 PM
From: dipanjanc	Read Replies (3) \| Respond to of 110194

I agree. On a purchasing power parity basis, this has already started to happen for senior technical and mid-level managerial jobs in the tech industry, particularly in bay area where I live. A lot of my friends are heading back to Bangalore and Hyderabad after being here in US for years, sometimes decades. The assets they acquired by selling overpriced houses and stocks will buy them a lot more goodies and more importantly services in India (or China) than here. Even those who missed out on the stock/housing bubble are getting decent enough salaries back in India so that they will have at least a comparable standard of living back in India, on a purchasing power parity basis. Opportunities arising out of globalization and the immigration hassles have also, slowly but surely, been reducing the attraction of USA as a destination for top Indian science and engineering graduates. For returning NRIs(non-resident Indians), the current preference is to work for Indian subsidiaries of American corporations. Outsourcing is good for corporate bottom lines and benefits shareholders and executives - not mutually exclusive groups. So it is inevitable. The immediate problem for US is that its economy is missing out on the new jobs and wages. Only a very small percentage of Americans will be able to invest and profit from these changes caused by globalization. The longer-term and the more important problem is eventually those Indians (and Chinese) will start their own ventures and there will not be enough Americans technically skilled, qualified and experienced to compete with them - particularly when most of the new demand will be generated outside USA.