3 ms·
I'm not convinced a lack of 'oversupply' is true. Many companies are trying to increase the H1B and other visas to generate the kind of oversupply you are talk
by opendais 12y ago
I'm not convinced a lack of 'oversupply' is true.
Many companies are trying to increase the H1B and other visas to generate the kind of oversupply you are talking about.
Software is also one of the handful of industries where physical location doesn't matter. So being a good Indian developer who is comfortable living off of 50% of the US salary is a huge competitive advantage.
If people who just counted beans had their way, I'm sure they'd outsource as much development as they could to countries like India [if only they could filter out the bad developers in those countries].
- rayiner 12y agoIt's all relative, right? The supply situation in software is much more favorable for labor than in nearly any other white collar occupation save maybe for medicine.
- opendais 12y agoBased on this random list from 2011: http://www.cbsnews.com/news/25-college-majors-with-lowest-unemployment-rates/ http://www.cbsnews.com/news/25-college-majors-with-lowest-un... You appear to be correct. However, moving forward in time to 2013: http://jobs.aol.com/articles/2013/01/18/careers-lowest-unemployment-rate/ http://jobs.aol.com/articles/2013/01/18/careers-lowest-unemp... http://money.cnn.com/2013/01/04/news/economy/jobs-lowest-unemployment/ http://money.cnn.com/2013/01/04/news/economy/jobs-lowest-une... That appears to be incorrect.
- waps 12y agoKeep in mind, however, that medicine has been in this position for ~4000 years. Or at least, I did classical studies, and doctors did very well for themselves in the ancient Greek city states, in the Roman Empire (East and West), in the middle ages, in the Renaissance, in the Industrial age, and today. It will be 1950+ years before IT gets a track record half as good in the best possible case.
- opendais 12y agoEh? I think you should read the links I posted before assuming I was talking about medicine. There are a bunch of other fields [such as physicists] that have lower unemployment. I don't think there is much 'employer power' in a labor market where there is .3% unemployment. The . is intentional.