|Unemployment in America Made Simple||02.03.08|
So Where Did All the Jobs Go?Common Sense
Our own actions result in hurting ourselves.
The economy lost 17,000 jobs in January, the Labor Department reported, the first monthly decline in four years and the most striking evidence yet that the United States may be slipping into a recession.
The New York Times called it "Unexpected." (Source) It should not have been unexpected.
There may be as many as 20 million illegal immigrants in the US today - more than twice the official Census Bureau estimate, according to Bear Stearns researchers Robert Justich and Betty Ng (Source). These people occupy some jobs, for sure.
Boston-based consultancy Forrester estimates that 400,000 service jobs have been lost to offshoring since 2000, with jobs leaving at a rate of 12,000 to 15,000 per month. Other estimates say up to 20,000 jobs a month may be moving overseas. This is in addition to the 2 million manufacturing jobs that are estimated to have moved offshore since 1983. These numbers are predicted to rise (Source).
The following amusement has been circulating the net for a while. It sums it up. As Pogo once said,
John, started the day early having set his alarm clock (MADE IN JAPAN) for 6am.
While his coffeepot (MADE IN CHINA) was perking, he shaved with his electric razor (MADE IN HONG KONG).
He put on a dress shirt (MADE IN SRI LANKA), designer jeans (MADE IN SINGAPORE) and tennis shoes (MADE IN KOREA).
After cooking his breakfast in his new electric skillet (MADE IN INDIA) he sat down with his calculator (MADE IN MEXICO) to see how much he could spend today.
After setting his watch (MADE IN TAIWAN) to the radio (MADE IN INDIA) he got in his car (MADE IN GERMANY) filled it with GAS (from Saudi Arabia) and continued his search for a good paying AMERICAN JOB.
At the end of yet another discouraging and fruitless day checking his Computer (Made In Malaysia), John decided to relax for a while.
He put on his sandals (MADE IN BRAZIL) poured himself a glass of wine (MADE IN FRANCE), turned on his TV (MADE IN INDONESIA),
and then wondered why he can't find a good paying job in AMERICA .
Return to 5W