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Originally Posted by graywolf624
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unemployment rate in the U.S. is calculated as 5.6% in Feb 2004 which is modest, however if you factor in people who are no longer receiving unemployment or are no longer looking that figure raises to just under 10%.
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These numbers are misleading. First off 5.6 percent unemployment is remarkable. Before the late 1990s we thought that natural unemployment rate was 6 percent and that to go below that we would have to increase interest rates. Britain meanwhile historically has not seen 5.6 percent. The numbers with people not looking for work is at 1.4 million. This however is not entirely representative either. of that 1.4 million only .4 million are discouraged workers(given up on finding a job). The other portion 1 million are recent retires/college students/other group not working via choice.
Also outsourcing is good for the united states. If we are able to follow the path of history then a technical innovation will come along to start us in a new field while having us get the current offerings cheaper elsewhere(everyone lives). If the govt wants to help they should be encouraging inventors and ignore the job migration.
-Economics minor Georgia Tech
-Member national economics honor society |
why dont you go on and tell that to the family that cant feed their kids cuz the guy in India has their job. have you tried to call tech support lately? its horrible, these guys cant speak a lick of english and they are suppose to help you? Bull shit, i had an experience with dell where i had to call 5 times for a sound card. Until finally last call i got an American. Also lets see how much you like outsourcing when your job is moved over seas. Also note that alot of people cant afford to go back to school for additional training, high tech jobs are the future problem is people cant just go back and take courses for these jobs if they cant afford the time, or money.