Quote from Mecro:
Well maybe in the west, but in the east, things are only getting worth. A piece of shit entry level computer job is getting 100s of applicants with 10+ years of experience.
I wouldn't be too fooled by a few companies actually doing a little hiring. A lot more firing going on.
IMHO:
There will be little job recovery in the high tech or IT area. Not only companies pay less for outsourcing, they may get better quality on average. For example, if you pay a programmer US$20 per hour in the States, he/she will keep on complaining, and look for a better job continuously. In India or China, if a programmer get this type of salary, he/she will be very happy coding by day and by night. Call center workers is another example:
For one thing, such workers are better educated than their U.S. counterparts. According to Elio Evangelista, a senior analyst at independent research firm Cutting Edge Information, virtually all Indian call-center workers have college degrees. By contrast, many of their American counterparts are high school grads. More education can be helpful as consumers increasingly need complex technical or financial information.
More important, call center work is considered a lucrative, successful job in India, not a dead end. That often translates into a more helpful, friendly phone manner. Patrick Hanlin, CEO of LiveBridge Inc., a Portland [Ore.] company that handles customer service for major corporations worldwide, says he gets 80 applications for each position in India and about four in the U.S. Moreover, only a fraction of his Indian employees leave each year; annual turnover at U.S. centers is six times higher. That means Hanlin's training dollars go further because his employees stick around longer to apply their customer service skills.
Consumers care about how well their call is handled, not whether it's answered in Little Rock or New Delhi. Clearly, the benefits of globalization can extend well past the bottom line.
http://biz.yahoo.com/bizwk/031021/b3855070_1.html