GoFuckYourself.com - Adult Webmaster Forum - View Single Post - U.S. job growth surges, unemployment rate near six-year low

kane · 07-04-2014, 04:16 PM

We are in the middle of a perfect storm. Right now we are feeling the results of 30+ years of policies that have made it easier and easier for companies to move offshore.

When the recession hit roughly 60% of the jobs lost were middle income jobs, however only 20% of the new jobs created are middle income jobs. Most of the new jobs created are lower income jobs. Why? Because it is easy to do now.

Say Company A went out of business during the recession. Things are now looking better so the owner of Company A wants to start again. Now that he has to start from scratch, he has no real reason to start here in US. He can put all of his manufacturing in third world countries and just hire a few people here in the US to run the show. Before maybe he employed 200 people in the US, now he employs 25 and he makes more money than he did before.

It will take many changes in our governments polices or it will take a sea change in the cost of offshore labor for that to change.

07-04-2014, 04:16 PM
kane Too lazy to set a custom title Join Date: Aug 2001 Location: portland, OR Posts: 20,684	We are in the middle of a perfect storm. Right now we are feeling the results of 30+ years of policies that have made it easier and easier for companies to move offshore. When the recession hit roughly 60% of the jobs lost were middle income jobs, however only 20% of the new jobs created are middle income jobs. Most of the new jobs created are lower income jobs. Why? Because it is easy to do now. Say Company A went out of business during the recession. Things are now looking better so the owner of Company A wants to start again. Now that he has to start from scratch, he has no real reason to start here in US. He can put all of his manufacturing in third world countries and just hire a few people here in the US to run the show. Before maybe he employed 200 people in the US, now he employs 25 and he makes more money than he did before. It will take many changes in our governments polices or it will take a sea change in the cost of offshore labor for that to change.