High-technology industries in 1998 have cut four times
as many jobs nationally as last year, including 143K layoffs
in the electronics, computer, and telecommunications industries
-- more than almost any other sector of the economy.
EE unemployment jumped to 3.4% in the 3rd quarter, up eight-fold
since the beginning of 1998 and the highest since the record high
of 1994. Nearly 50% more US high-tech degree holders (4.7M)
were working outside of their fields than the total number of
US technical workforce professionals (3.2M) as of 1995, according
to a new NSF report. Most of the displaced science/engineering
degree-holders now work in sales and marketing,
management and administration, and non-science teaching.
. [Paul Kostek and Chris Currie
, IEEE-USA , 09Oct98.
Bill Park.]
(These statistics are fuel in the H-1B visa fight,
concerning the importation of perhaps 150K more foreign workers.
It's not clear to me whether any significant fraction of the
displaced workers would have made good scientists or are not
happier in sales and management. As frustrating as [forced?]
career changes may be, they're a part of growing up.
Our universities do not force students to explore their options
and themselves, but rather pump students through whatever
department they join. Grade inflation helps poor students
remain in the stream. Imagine what the arts would be like
if anyone who could pay for lessons were considered a national
resource. Besides, isn't it good that technical salespeople,
managers, and teachers actually have some science training?)
"I don't think it's very useful to open wide the door
for young artists; the ones who break down the door are
more interesting." -- Paul Schrader.