The strong job market may be about to take a turn for the worse. That could come to haunt those who made choices based on today’s conditions.

Originalman

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Thats why I'm in health care.

With a career goal to get into the DoD, aint no way in hell the America will send DoD jobs overseas @Originalman

Amen DoD ain't going to be sending jobs en masse overseas. Breh to get a clearance or to get a renewed clearance they ask if you been in contact with foreign nationals. Like even kats I know who use to work overseas were deleting mothafukkas from their facebook friends who lived overseas cause they were scared that shyt would fukk up their chance to get or retain a clearance.

Outside of outsourcing some simple cable making / building (non secret or top secret) most that DoD stuff ain't going overseas.

Even MRO stuff (service and repair) on equipment overseas is done by American citizens that work in DoD (they are sent overseas to work on this equipment. I.E when defense contractors send employees to Saudi Arabia to perform repairs and maintenance on AWACS, F-15s, C-130s and etc.
 

Originalman

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What logically sends does it make to allow companies to ship majority of jobs overseas

Its all about companies getting lower labor rates to increase profits which helps the stock prices, VPs/Execs/CEOs salaries and bonuses . Also Americans are culprits in this symbiotic relationship because they love cheap products and will gladly buy a cheaper product made overseas than pay higher for a product made in the US. Even though the US made product would guarantee US citizens getting jobs to build those products.
 

Gritsngravy

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It's not about logic, its about saving money.


If you can get cheap labor, then you do it.

Its all about companies getting lower labor rates to increase profits which helps the stock prices, VPs/Execs/CEOs salaries and bonuses . Also Americans are culprits in this symbiotic relationship because they love cheap products and will gladly buy a cheaper product made overseas than pay higher for a product made in the US. Even though the US made product would guarantee US citizens getting jobs to build those products.
Dude said remote jobs will be sent overseas not no damn near minimum wage manufacturing jobs that’s already overseas which lowkey america is trying to get back, what sense does it make to send higher skilled jobs overseas and putting domestic people out of work, domestic people who would’ve been in the top 5 percentile in economy and paying taxes, especially in the economy we in now America can’t afford to allow companies to send majority of they jobs overseas
If it was about cheap labor then they wouldn’t have had put billions of dollars into chip making to bring it back to the country
 

Serious

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Dude said remote jobs will be sent overseas not no damn near minimum wage manufacturing jobs that’s already overseas which lowkey america is trying to get back, what sense does it make to send higher skilled jobs overseas and putting domestic people out of work, domestic people who would’ve been in the top 5 percentile in economy and paying taxes, especially in the economy we in now America can’t afford to allow companies to send majority of they jobs overseas
If it was about cheap labor then they wouldn’t have had put billions of dollars into chip making to bring it back to the country
:russ: @DEAD7 I'm going let you break this down.
 

Originalman

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Dude said remote jobs will be sent overseas not no damn near minimum wage manufacturing jobs that’s already overseas which lowkey america is trying to get back, what sense does it make to send higher skilled jobs overseas and putting domestic people out of work, domestic people who would’ve been in the top 5 percentile in economy and paying taxes, especially in the economy we in now America can’t afford to allow companies to send majority of they jobs overseas
If it was about cheap labor then they wouldn’t have had put billions of dollars into chip making to bring it back to the country

Dude you must not be familiar with outsourcing. Before Covid, I had worked overseas for years and was partially in charge of moving two facilities overseas under orders of the CEO and VP.

Overseas outsourcing ain't about just minimum wage manufacturing jobs. For example when I was moving facilities from the US to overseas this didn't just deal with operators on the floor. This dealt with moving positions for Industrial Engineers, Quality Engineers, Test Technicians, Mechanical Engineers, CNC operators, Facilities Engineers, Managers, Supervisors, Software Engineers, Design Engineers, Buyers, MRP Controllers, Supplier Chain Managers, Plant Managers, Supplier Quality Engineers, Warehouse staff and etc all to another country to reduce their labor rates (labor rates is not hourly salary, but the total cost to have an employee work for a company).

That was tons of highly skilled American jobs taken away and moved to another facility overseas.

You are nuts if you think this isn't about money. Like literally when I worked in India the avg engineer salary was 15K a year. You think the company I worked with just moved engineering jobs to india for the hell of it. No they moved cause they could pay a kat in india to do the same job 15K a year instead of 60K a year in America. Also thats 15K in India minus having to pay in a 401K, cheaper insurance for worker, easier labor laws where the government will look the other way for mistreating employees, cheaper cost for disability pay/workmans comp than in the states.

Hell when I worked overseas in Mexico there was a rule in which the hourly and salary folks were under a mexican law that said an employer has the right to fire you for anything in that first year. But once you made the one year it was up to the employer to resign your year contract then after that it was harder to fire you. Similar to the US 90 day rule but for Mexico it was 1 year + plus the company has to resign your contract.

That isn't even taking into in many of those foreign developing world countries such as Mexico it is accepted practice that professionals often times get only like 1 week vacation a year. Anything more PTO that is up to the employer's discretion.

When CEOs and Execs look at labor rates. They ain't looking at just their pay. They are looking at how much it is to insure them for health care/life insurance/ insure their kids and spouses. How much they have to match for 401K, how much it costs the company to cover them on Short Term and Long Term Disability, the cost to maintain their computer, cost to provide them training, cost for other perks like tuition reimbursement.

Have you ever had a professional job? Have you ever looked at the system at your job where it says total salary and total worth of benefits? So say you make 120K a year in salary, but your employer will say total salary plus net benefits (insurance, PTO, 401K match and etc) will say you actually make 160K a year.

As a person in engineering I use to know this number in DoD. I am sure the numbers are different now with inflation. When we would pull actuals up for new contract bids we would say engineering (no matter the position) bill out number on bids was like $140 an hour. So if a contract was going to take 15,000 hours to build a lot of units that was 15,000 times $140 an hour. That $140 was broken up in the per hour costs for the pay rate for the engineer, the engineer insurance and company benefits, engineer desk / computer / IT support / training or yearly training, the cost to house a engineer in the building at their desk (based on the cost per square footage), cost to provide other facility things such as lights / water) and even if a lab had to be built for the engineer to go there for testing the units.

Last thing please stop with the nonsense that America is trying to bring manufacturing jobs back. These companies aren't bringing shyt back....manufacturing has decreased in America ever decade. That just talk from these greedy companies to save face and these lying politicians. Go look at the Mid West, East Cost and South were small towns all over America had manufacturing facilities up and leave and go overseas and never return. shyt just go to Ohio and see how that state has totally changed over the last 40 years. Hell go to Shanghai and see how every freaking American fortune 500 company that has a manufacturing.....has a facility in that city and/or the surrounding cities (I know cause I use to work there) that makes parts/units/etc that is eventually shipped back to the US for consumption.
 
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Wild self

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One of the more overlooked aspects of this situation are the positive network effects that come with being a college grad. Nepotism and referrals are a major part of the hiring system and if you don't have the degrees there is only so much a Hiring manager/HR can do in getting you hired.

Sounds like its time for, people to unionize and to start using guns against greedy people that low ball the wages, even among college grads.

Besides, the Baby Boomer Gen is retiring left and right when many of them are over 70. That in itself, along with Gen Z that refuses to work for low wages, will create a whole hole in employment even in economic downturns. Nowadays, people would rather rob or scam than work 2 to 3 jobs.
 

Wild self

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I actually see the complete opposite happening. :manny: I think a lot of college educated remote workers will be losing their jobs in the future (maybe near) to people oversees. Companies are figuring out they don't need people in the office. They can shift these jobs overseas, not worry about work visas, and save money on taxes and benefits alone. We've already seen it with customer service call center jobs.

That would 100% destroy the middle class and make America into a 3rd world country
 

Gritsngravy

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Dude you must not be familiar with outsourcing. Before Covid, I had worked overseas for years and was partially in charge of moving two facilities overseas under orders of the CEO and VP.

Overseas outsourcing ain't about just minimum wage manufacturing jobs. For example when I was moving facilities from the US to overseas this didn't just deal with operators on the floor. This dealt with moving positions for Industrial Engineers, Quality Engineers, Test Technicians, Mechanical Engineers, CNC operators, Facilities Engineers, Managers, Supervisors, Software Engineers, Design Engineers, Buyers, MRP Controllers, Supplier Chain Managers, Plant Managers, Supplier Quality Engineers, Warehouse staff and etc all to another country to reduce their labor rates (labor rates is not hourly salary, but the total cost to have an employee work for a company).

That was tons of highly skilled American jobs taken away and moved to another facility overseas.

You are nuts if you think this isn't about money. Like literally when I worked in India the avg engineer salary was 15K a year. You think the company I worked with just moved engineering jobs to india for the hell of it. No they moved cause they could pay a kat in india to do the same job 15K a year instead of 60K a year in America. Also thats 15K in India minus having to pay in a 401K, cheaper insurance for worker, easier labor laws where the government will look the other way for mistreating employees, cheaper cost for disability pay/workmans comp than in the states.

Hell when I worked overseas in Mexico there was a rule in which the hourly and salary folks were under a mexican law that said an employer has the right to fire you for anything in that first year. But once you made the one year it was up to the employer to resign your year contract then after that it was harder to fire you. Similar to the US 90 day rule but for Mexico it was 1 year + plus the company has to resign your contract.

That isn't even taking into in many of those foreign developing world countries such as Mexico it is accepted practice that professionals often times get only like 1 week vacation a year. Anything more PTO that is up to the employee's discretion.

When CEOs and Execs look at labor rates. They ain't looking at just their pay. They are looking at how much it is to insure them for health care/life insurance/ insure their kids and spouses. How much they have to match for 401K, how much it costs the company to cover them on Short Term and Long Term Disability, the cost to maintain their computer, cost to provide them training, cost for other perks like tuition reimbursement.

Have you ever had a professional job? Have you ever looked at the system at your job where it says total salary and total worth of benefits? So say you make 120K a year in salary, but your employer will say total salary plus net benefits (insurance, PTO, 401K match and etc) will say you actually make 160K a year.

As a person in engineering I use to know this number in DoD. I am sure the numbers are different now with inflation. When we would pull actuals up for new contract bids we would say engineering (no matter the position) bill out number on bids was like $140 an hour. So if a contract was going to take 15,000 hours to build a lot of units that was 15,000 times $140 an hour. That $140 was broken up in the per hour costs for the pay rate for the engineer, the engineer insurance and company benefits, engineer desk / computer / IT support / training or yearly training, the cost to house a engineer in the building at their desk (based on the cost per square footage), cost to provide other facility things such as lights / water) and even if a lab had to be built for the engineer to go there for testing the units.

Last thing please stop with the nonsense that America is trying to bring manufacturing jobs back. These companies aren't bringing shyt back....manufacturing has decreased in America ever decade. That just talk from these greedy companies to save face and these lying politicians. Go look at the Mid West, East Cost and South were small towns all over America had manufacturing facilities up and leave and go overseas and never return. shyt just go to Ohio and see how that state has totally changed over the last 40 years. Hell go to Shanghai and see how every freaking American fortune 500 company that has a manufacturing.....has a facility in that city and/or the surrounding cities (I know cause I use to work there) that makes parts/units/etc that is eventually shipped back to the US for consumption.
You still not addressing the overall point, It doesn’t matter how much money companies save from overseas labor if the labor force in america falls apart, that’s why sending remote jobs overseas doesn’t make sense for American based companies, nobody will be making money and nobody will buy anything, banks and the economy will fall apart and america will not exist, that’s why the gov gives all these taxes breaks because you need to put people to work not for companies to have majority they labor done overseas, that’s why they invest billions to bring back chip making, fukk all that other shyt you talking about address how will america exist if most of the labor is overseas
 
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