Home
What's new
Latest activity
Authors
Store
Latest reviews
Search products
Forums
New posts
Search forums
What's new
New posts
New listings
New products
New profile posts
Latest activity
Members
Current visitors
New profile posts
Search profile posts
Log in
Register
Cart
Cart
Loading…
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Search titles only
By:
Menu
Log in
Register
Navigation
Install the app
Install
More options
Change style
Contact us
Close Menu
Forums
SVTPerformance's Chain of Restaurants
Road Side Pub
Jobs report beats expectations, lowest unemployment in half century
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="mc01svt" data-source="post: 15923695" data-attributes="member: 32337"><p>after 10+ yrs in industry (engineering & manufacturing) i find these "worker shortage" reports to be greatly exaggerated or just plain horse manure.</p><p></p><p>Several large corporations lobbied the feds and published reports saying that there weren't enough skilled STEM workers in USA. The number of H1B visas skyrocketed and plenty of degreed engineers in the USA were laid off and replaced with indian contract workers. Microsoft even forced their employees to train their replacements or lose their severance. So at the same time they scream worker shortage they were tossing engineers out the back door.</p><p></p><p>At the plant i work at now they laid off probably 30+ machinist with decades experience, then they laid off at least half the process engineers. They attempted to outsource the parts to a low cost outside supplier and it was a total disaster. This was about 2yrs ago. By the end of the last year we had past due orders over $3mil, machines were down and most of the stuff coming in was scrap. It got so bad they were forced to eat some major crow and hire back at lot of personnel. </p><p></p><p>Boeing has over $10 billion in open orders and they are still laying off people while at the same time telling the state they can't find people. </p><p></p><p>General electric layed off 12,000 something people last year and more this year. </p><p></p><p>The carrier air conditioner plant that Trump campaigned layed off 30-40% of their workforce after taking a tax incentive designed to save jobs.</p><p></p><p>i could go on and on with more examples... </p><p></p><p>I do like the fact that Trump is trying to do some better trade deals but im not drinking the koolaid with these artificially low UE numbers.</p></blockquote><p></p>
[QUOTE="mc01svt, post: 15923695, member: 32337"] after 10+ yrs in industry (engineering & manufacturing) i find these "worker shortage" reports to be greatly exaggerated or just plain horse manure. Several large corporations lobbied the feds and published reports saying that there weren't enough skilled STEM workers in USA. The number of H1B visas skyrocketed and plenty of degreed engineers in the USA were laid off and replaced with indian contract workers. Microsoft even forced their employees to train their replacements or lose their severance. So at the same time they scream worker shortage they were tossing engineers out the back door. At the plant i work at now they laid off probably 30+ machinist with decades experience, then they laid off at least half the process engineers. They attempted to outsource the parts to a low cost outside supplier and it was a total disaster. This was about 2yrs ago. By the end of the last year we had past due orders over $3mil, machines were down and most of the stuff coming in was scrap. It got so bad they were forced to eat some major crow and hire back at lot of personnel. Boeing has over $10 billion in open orders and they are still laying off people while at the same time telling the state they can't find people. General electric layed off 12,000 something people last year and more this year. The carrier air conditioner plant that Trump campaigned layed off 30-40% of their workforce after taking a tax incentive designed to save jobs. i could go on and on with more examples... I do like the fact that Trump is trying to do some better trade deals but im not drinking the koolaid with these artificially low UE numbers. [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
SVTPerformance's Chain of Restaurants
Road Side Pub
Jobs report beats expectations, lowest unemployment in half century
Top