ALL HAIL PRESIDENT TRUMP

"

JNF wrote:

"

faerwin wrote:

This might sound crazy to you but you NEED to have a certain unemployment rate to have a good economy. Otherwise, if the employment rate is close to 100%, it stifle the creation of new enterprises or growth of existing ones, it cause wage wars to recruit already employed people, which in turn creates product inflation and it makes replacement of retiring workers almost impossible. This in turn force either relocation of companies in another country, where they can find workforce/expand or cause immigration of foreign workforce (much harder). Too little unemployment cause rapid inflation, which is terrible. You need around 3-4% unemployment to have a good balance.

It doesn't sound crazy, just implausible and unrealistic. You will continuously have people graduating from college and legal immigration taking place. The problem is that new jobs are not being created fast enough to compensate for the H1B visa workers being brought in to take jobs away from citizens (read the article I linked). At least that's the case for tech jobs.

And as far as companies relocating to other countries is concerned, they're not doing it because of a lack of competent workers locally, they're doing it because they're getting cheaper labor and corporate tax rates overseas.

I can assure you that some companies relocate because they can't find adequate workforce. It happens very often locally and often enough internationally.

http://money.cnn.com/2017/06/02/news/economy/jobs-full-employment/index.html
https://www.investopedia.com/news/downside-low-unemployment/
http://hrdailyadvisor.blr.com/2017/01/12/downsides-low-unemployment/

As some sites that explains what I said.

Should I link the thousands of articles discussing the abuse of the H1B visa program? What relevance does that CNN article even have. Let's discuss the number of recent college graduates who are unemployed or can't find employment in their relative degrees, because that's a lot more relevant than CNN's spin on why jobs are moving overseas.

http://www.timesfreepress.com/news/life/entertainment/story/2014/nov/16/matter-degree-many-college-grads-never-work-/273665/

Nearly 2/3 of college graduates can't find work in their relative degrees, but yeah, let's keep shipping those jobs overseas because CNN wants to troll us by 'informing' us that there aren't any skilled workers available stateside. CNN is pure propaganda and that article is a fine example of it. I'm not even going to waste my time after reading the first CNN article with the other two. Pretty certain I'll find the same drivel.

Also, you can make the argument that the economy is soaring and unemployment is falling at an astounding rate, but it's 'quality over quantity'. There are plenty of 'help wanted' signs up at your local Mcdonald's.

I could almost believe that we are producing a less skilled workforce, i.e., a shortage of skilled labor. Imagine yourself a business owner and given a choice—hire freshly graduated millennials, or outsource. Which is more likely to ensure that you’re going to be able to continue providing the remainder of your workforce with a salary and quality of life? How many of those graduates came from Yale or UCB or someplace equally useless?

They have been saying for years, along with other morons, that there is no skilled labor in the US (yet they claim that people have student loans for the degrees they just said no one has). It is a scam to replace our workers with cheap labor.

Look at pharmacists. It used to be good money, people have to have a masters in it, etc. Now they pay $13/hr. Seriously.

Ditto pilots. That used to be a six figure income. Now it pays NOTHING.

"

CanHasPants wrote:

I could almost believe that we are producing a less skilled workforce, i.e., a shortage of skilled labor. Imagine yourself a business owner and given a choice—hire freshly graduated millennials, or outsource. Which is more likely to ensure that you’re going to be able to continue providing the remainder of your workforce with a salary and quality of life? How many of those graduates came from Yale or UCB or someplace equally useless?

Spoiler

/sarcasm

Spoiler

or is it?

You know what's even funnier? The fact that the 'skilled' labor hired from overseas often has no basis for their alleged qualifications, aside from 'yeah, Habib my old boss says I'm qualified. Here, talk to him.' <passes phone to his cousin sitting next to him>

The 'skilled' labor you speak of is a farce. It's an excuse to get cheaper labor, not 'more skilled' labor. A lot of graduates in tech fields are required to complete internships before they graduate now, but I'm guessing you're not involved in a technical field, nor hold a bachelor's in a relative technical field.

I was more-so making a joke/notjoke about millennials being a liability. I mean, it was a joke, but then I thought what if that is a reason they (corporate America) seek to outsource jobs? They view the current labor market as a liability. I know that is not the case, but it made a funny sort of sense for a moment.

At any rate, my point is there is no “‘skilled’ labor (I) speak of.” It was a jab at progressive universities.

"

JNF wrote:

Should I link the thousands of articles discussing the abuse of the H1B visa program? What relevance does that CNN article even have. Let's discuss the number of recent college graduates who are unemployed or can't find employment in their relative degrees, because that's a lot more relevant than CNN's spin on why jobs are moving overseas.

http://www.timesfreepress.com/news/life/entertainment/story/2014/nov/16/matter-degree-many-college-grads-never-work-/273665/

Nearly 2/3 of college graduates can't find work in their relative degrees, but yeah, let's keep shipping those jobs overseas because CNN wants to troll us by 'informing' us that there aren't any skilled workers available stateside. CNN is pure propaganda and that article is a fine example of it. I'm not even going to waste my time after reading the first CNN article with the other two. Pretty certain I'll find the same drivel.

Also, you can make the argument that the economy is soaring and unemployment is falling at an astounding rate, but it's 'quality over quantity'. There are plenty of 'help wanted' signs up at your local Mcdonald's.

You misunderstood me.

I'm not saying that there's no skilled workforce available *right now*. I said it's what happens when there's a too low unemployment rate. It's something that's actually happening right now in rural areas where I live. They have to hire all kind of smuck to fill a position because there's just not enough people to pick from. The result is that often, the employee is unqualified and doesn't do the job.

"

faerwin wrote:

You misunderstood me.

I'm not saying that there's no skilled workforce available *right now*. I said it's what happens when there's a too low unemployment rate.

"

faerwin wrote:

It's something that's actually happening right now in rural areas where I live. They have to hire all kind of smuck to fill a position because there's just not enough people to pick from. The result is that often, the employee is unqualified and doesn't do the job.

So, I misunderstood you. It's not happening right now, but it's actually happening right now. Glad we could get that part straightened out. Perhaps your 'rural areas' could invest in some advertising on such sites as CareerBuilder or Monster. I'd be happy to charge them a small fee to set that up.

What you're saying doesn't even make sense. Your 'rural areas' are going overseas to hire, because they can't find employees locally. Are you trying to convince me or convince yourself here? There are some very brilliant IT students here in the states, as well as displaced experienced IT workers, whose jobs are being shipped overseas or replaced with H1B visa recipients who are only being hired because they are working for peanuts initially, but once they've been here for a few years their salaries are bumped up to that of the people they've replaced (natural born citizens). I've been in direct contact with local IT workers who have even had to train their imported replacements to do their job after being given notice that their contract would not be renewed (yes, it is that ridiculous). It's the bear in the room that's being overlooked right now, which is my only real complaint with the current administration. President Trump had addressed this previously, but it seems as if this issue has fallen to the wayside since.

I don't live in the US.

Also, it's not a process that happens over a few weeks, it takes months and years for it to go to the point of companies moving out or closing unless it's a company that can afford it.


That said, a lot of small companies/shops in rural areas nearby are struggling to find employees and have to offer higher wages or employ just about anyone that walk in. I'm talking about stuff like restaurant chefs, waiters/waitress and other similar jobs that aren't highly specialized.

There's a limit to how much a small shop can increase their wages before having to increase the cost of their product or close down. This is due to a very low unemployment rate in rural areas because a lot of them go work in the city.

This is a small bubble of the effects of a too low unemployment rate. If this become a country wide situation, it becomes disastrous and cause rapid inflation of goods and services, rapid displacement of industries, death of some small towns. Rapid inflation also hurts the most vulnerable population the most, mainly poor people that can afford less and less food, retired people who's income is fixed and students that get higher and higher debts. The middle class also hurts because inflation rate is higher than salary increases and they enter a situation where they need to limit their spending.

And yes, for IT, it's something that I've heard that's quite common sadly. But this has nothing to do with employment in this case.

It's a case of job shipping oversea.