CARPE DIEM
Professor Mark J. Perry's Blog for Economics and Finance
Tuesday, November 29, 2011
About Me
- Name: Mark J. Perry
- Location: Washington, D.C., United States
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
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11 Comments:
Today's bumper sticker:
End OWS
Hire Someone
"End OWS
Hire Someone"...
How about instead, 'end OWS, tell the parasites to acquire a needed job skill'?
Is that Boeing on many of those shirts? If so I think that would be wrong because Boeing is hiring.
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This comment has been removed by the author.
How about instead, 'end OWS, tell the parasites to acquire a needed job skill'?
How about an across-the-board willingness for OJT and not using everything in the book to avoid hiring US citizens in good faith/terms?
What I've seen is an all-out war against hiring US citizens waged by business, in favor of more pliant Third Worlders. Skill complaints are made as a way to justify not hiring US citizens, or on suboptimal terms. For those that really do have the skillsets, fraud is used so that the citizen cannot possibly qualify, so that the job is handed to the Third Worlder - on terms that the US citizen is more than well-qualified.
If you're looking for the massacre, look towards the businesses that fired the shots. They had the choice to consider other solutions that were still profitable yet didn't contribute to extended unemployment.
In short, there is no skills shortage, just an unwillingness to hire and train.
"How about an across-the-board willingness for OJT and not using everything in the book to avoid hiring US citizens in good faith/terms?"...
Why should the parasites be allowed to steal potential wealth from the stockholders sethstorm?
OJT costs the company money, why should company's stockholders take the financial hit when you should be more than willing to spend your money for OJT?
"What I've seen is an all-out war against hiring US citizens waged by business, in favor of more pliant Third Worlders"...
Is that your excuse for not having a job that pays you what you think you're worth?
"They had the choice to consider other solutions that were still profitable yet didn't contribute to extended unemploymen"...
That is one of the most delusional statements I've ever read sethstorm...
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...potential wealth from the stockholders...
So is wasting time on complaining about not having the absolutely perfect skillset (if not the impossible-to-have one). For multiple years on end, especially after 2007, the trend has been to take the easy route and blame the worker - even if the company could get value out of the training (even if such OJT was once done up until a generation ago).
That has to be a very callous and sociopathic statement to make in defense of your sacred cow, the stockholders.
"For multiple years on end, especially after 2007, the trend has been to take the easy route and blame the worker - even if the company could get value out of the training (even if such OJT was once done up until a generation ago)"...
A couple things wrong with your comment there sethstorm...
It is the worker's fault if he/she doesn't have the skills to do the job they're being paid to do...
Today the labor market is to dynamic for a company to invest in training an employee who could pick up and leave anytime...
Only the Democrats will scare the !@#$ out of employers and then whine about nobody hiring. Business can only truly vote with their feet.
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