Posts Tagged ‘Employment’

Our dance with the devil and our race to the bottom…

March 11, 2015

BODY POLITIC LOGO THUMB - SmallWant to help save our nation?  Perhaps its time to just say “NO” to the rampant worker exploitation that is going on in our society.   Sorry to say that this is something that is going to be easier said than done.  Its something that snuck up on us by stealth of night.  Then one day we woke up in a new world where a “sharing economy” was creating a giant race to the bottom.  The vast majority of us found ourselves  struggling to survive on less and less while fixed costs like health care and housing rose exponentially.   

Killing our own futures – one bargain at a time….

(more…)

The employment game – the discrimination against unemployed STEM professionals…

September 15, 2014

Naked Capitalism   is always a good source of information about the “real economy”.  You know, the one where all is not so rosy and hopeful.  Its a place where reality sets in and shines a light on  why the economy remains so crappy for so many five years into a so-called “recovery”.

(more…)

STEM career viability in a winner-take-all society…

March 29, 2014

Working World Bell JarIn a previous post regarding STEM career viability I promised more installments on my own personal journey as a biomedical scientist.   But we are going to take a brief detour from academic biomedical research and biotech and make a brief stop in Silicon Valley.  The reason for this is to highlight some basic meat and potatoes compensation issues that are trending through many, if not most STEM career tracks.

Yves Smith of Naked Captialism just posted a blog on the justice department response to a massive wage suppression (price-fixing)  conspiracy that has ensnared the likes of Apple, Google, Dell, Dreamworks, Comcast – and that’s just the tip of the iceberg.

(more…)

Hiring collusions impacting engineers salaries? NO! Really???

March 3, 2014

Its all over the media.  There is a huge “skills-mismatch” in the US.  In spite of high unemployment, millions of jobs in the so-called “STEM”  (science, technology, engineering and math)  fields are going begging because employers can not get enough “qualified” Americans to fill those positions.

(more…)

The feasibility factor – when a wage-mismatch stifles STEM…

February 18, 2014

In a recent post, Jared Bernstein gave voice to an issue that I have long been concerned about:  the feasibility of many STEM career tracks.  With all the hand-wringing about STEM, the facts surrounding wage stagnation and even depression are being blithely ignored. Everyone is bemoaning the so-called “skills-mismatch” without considering whether the salaries being offered are commensurate or even doable given the required years and cost of training for these careers.  Education is expensive and the “numbers” have to work for people to even bother entering certain career tracks.

(more…)

When the wealth of a few jeopardizes the security of the many…

January 29, 2014

Raspberry & Mandarin cheesecakeThe President is making his State of the union address tonight. We have been told to look forward to a speech dominated by issue of “income inequality”.   A divisive issue – most certainly, but timely and long overdue as the centerpiece of  domestic policy.

In a recent column in the New York Times (The Inequality Problem)  David Brooks  indicated that targeting the obscene wealth of the top 1% might be a moot point since the wealth at the top, though massively higher than it was in the past, is not making the rest of the world poorer.  To that assumption, the most polite thing I can think to say is “horse hockey!”

(more…)

Business Bites Back – the suits spin on the EPI study on STEM workers…

June 2, 2013

It didn’t take long did it?  About a month ago the EPI (Economic Policy Institute) put out a report on guest workers and their impact on STEM fields.  The results were alarming.  Rather than repeating them again, I will refer you to my post on this subject.  The bottom line was that there was no STEM shortage and most of this was a canard to get cheap labor from abroad (my interpretation – although it was implied in the results of the report.

(more…)

The guest worker on an H1-B visa versus the US national with a STEM degree: Who wins? Who loses?

May 20, 2013

For the last several years there has been a massive amount of hand-wringing about how America is falling behind in the race to acquire the skills that the “haves” of the future will hold.  Most notably STEM (Science, Technology, Engineering and Math).  If we want to be a country of “have nots”, so the theory goes, we can continue on our present course of underachieving in these areas.  But if we want to regain our technological edge, and most importantly, bring down that stubbornly high unemployment rate, we have to put more American students on the STEM track.

(more…)

The mythical STEM shortage – even the New York Times doesn’t get it…

April 10, 2013

Every day I keep hearing the drumbeat get louder….”We need more young people to enter these ‘vital’ STEM fields!  The future of our nation depends on it!” Or….”We need to allow more foreign immigrants in on H1-B and other guest visas because of an acute ‘skills shortage’ in vital STEM fields!”

(more…)