It's no secret that the job market is not so hot, but after reading this article in Fortune, it looks like we should all learn a trade or move to Bangladesh very soon.
Fortune is saying that the White Collar job market is caught up in the out-sourcing trend that has moved manufacturing and Blue Collar jobs to Mexico or China over the last 25 years. Lucky for us, it's now our turn to be out-sourced.
I think this trend is sad but true. The talk around my workplace is that out-sourcing is in our near future. After discussing this with my soon-to-be Economist wife, these companies shipping jobs overseas aren't seeing the big picture that if every company does this there will be no one left in the U.S. with enough money to purchase the goods and services now being produced in India. In the end it hurts everyone...except the CEOs who will be rewarded for their short term profit gains.
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