Article

2021-03-14 Economy

Bloomberg: White-Collar Visa Workers Take 2/3 of New Tech Jobs Each Year

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Posted by Slusoting Crans9404 2021-03-14 00:00|| || Front Page|| [13 views ] Top

#1 No mention about the cultural disparity.

Posted by Skidmark 2021-03-14 00:29|| 2021-03-14 00:29|| Front Page Top

#2 Fine. When their work isn't up to par you are stuck with them because it would be rayciss to fire the "immigrant."

Posted by M. Murcek 2021-03-14 03:16|| 2021-03-14 03:16|| Front Page Top

#3 OTOH - do you want your pacemaker programmed by an American who probably majored in Intersectional Womyn's Studies and Diverticulosis

Posted by CrankyOldYankee 2021-03-14 07:17|| 2021-03-14 07:17|| Front Page Top

#4 Most of these jobs require only minimal skill. These are the Information Revolution's factory worker-equivalents.

That said, the corporations hiring these worker bees should be forced to give the jobs to American graduates and train them as needed to backfill any skill deficits.

Maybe as a condition of receiving a federal tax holiday for the trillions in corporate profits that have been stashed overseas the last 2-3 decades.

Posted by Cue Bubble1674 2021-03-14 09:26|| 2021-03-14 09:26|| Front Page Top

#5 And their families back home have access to the companies "proprietary" information that can be sold to foreign companies for good money.

Posted by Ebbomoger Speaking for Boskone4589 2021-03-14 13:35|| 2021-03-14 13:35|| Front Page Top

#6 That said, the corporations hiring these worker bees should be forced to give the jobs to American graduates and train them

Why? If the schools won't train them and they're too delicate to train themselves, a company, in business to make money for it's owners and stockholders, should go with the hire that doesn't need training.

If, OTOH, the companies still have to train the imports in how to do the job, then it's a different story.

Posted by CrankyOldYankee 2021-03-14 14:47|| 2021-03-14 14:47|| Front Page Top

#7 Smart well-managed companies like GE, P&G, and other blue chips used to do plenty of training.

Learn the GE approach, or "the HP Way," or how build a brand as P&G has done brilliantly 100x over.

The demise of in-house training coincides with the decline of the Fortune 500 and America's economic supremacy.

Now that American education is cratering thanks to COVID lockdowns, Zoom-idiocy and Raging Wokeness, US corporations will likely have no choice but to train the next generation of leaders and managers.

Posted by Flavimp Borgia1139 2021-03-14 16:07|| 2021-03-14 16:07|| Front Page Top

#8 GE? Smart? Well-managed? Can I have some of what you're smoking? Please?

Posted by CrankyOldYankee 2021-03-14 19:19|| 2021-03-14 19:19|| Front Page Top

#9 I'm speaking about the days when GE trained their people rather than hiring H1Bs, ie up till about 2000.

In those last two decades (the Welch era), GE's
- revenues grew five-fold from $25 billion to $130 billion
- income grew ten-fold, from $1.5 billion to $15 billion
- market cap increased 30-fold i.e. more than $400 billion

Outsourcing and offshoring, and more generally, the refusal to invest in training of American workers and managers, are not the only causes of American industrial decline, but they're definitely part of the problem.

Posted by Hupinerong Barnsmell8626 2021-03-14 19:39|| 2021-03-14 19:39|| Front Page Top

#10 GE got bounced from the Dow Jones Industrials for a reason. Sad in a way, but maybe taking on too much debt didn't help.

Posted by Clem 2021-03-14 21:19|| 2021-03-14 21:19|| Front Page Top

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