General > General Technical Chat
May be more opportunities for EE in the USA coming...
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engrguy42:
Thanks cdev. Yeah, I posted here the other day in a different thread that the average hourly wage for a factory worker in China is something like $1.16 US, while in the US it's closer to $23. That's some serious profit margin.

I dunno, makes no sense to me. When you see all those companies that have died in the process it's kind of a shame. It's interesting, if you look at the biggest employers by state in each of the US states, I think the top 3 are invariably Walmart, universities, and medical in every state.

Geez.



 
KL27x:
If you look at ANY first world country, over 90% of the jobs are in the service industry.
engrguy42:
BTW, I think one of the big side effects from this pandemic is going to be people coming to the realization that all of the stuff they think is so important is suddenly overpriced and useless. I'm talking spending all day with their heads buried in their $1,000 smartphones for entertainment (FB, youtube, TikTok, etc.). They're gonna be faced with a grim reality that, umm, maybe it's not good that all those jobs are overseas because our economy is shit and we sure could use them. And all that infotainment and entertainment is a lot less important than eating. It's gonna be a painful lesson about getting back to basics. 
KL27x:
And people who are laid off from minimum wage jobs in my area? They are making $26.00 an hour to stay home and watch Netflix, between unemployment and the extra relief funds. It's a difficult time trying to hire new employees for low paying jobs.
cdev:

--- Quote from: engrguy42 on May 13, 2020, 09:41:10 pm ---I dunno, makes no sense to me. When you see all those companies that have died in the process it's kind of a shame. It's interesting, if you look at the biggest employers by state in each of the US states, I think the top 3 are invariably Walmart, universities, and medical in every state.

Geez.

--- End quote ---

Within the next few years the universities and medical as well as every other area that receives tax money except where services are 'a service supplied in the exercise of governmental authority' (which) means any service which is supplied neither on a commercial basis, nor in competition with one or more service suppliers." 

will go through a transition to global tendered bids, unless it can somehow be turned into national security, war, space, etc Wel, maybe not space..

 Something like what happened with the Federal government and contrsctors will happen with all of the levels of government and quasi government even at the local level.  So what that means in practice is that a lot of services will get turned into web applications. Schools may end up getting globalized and put online, which will make it very hard for many kids to get a decent education. Let alone a meal like many do now. malnourishment is already a serious problem in the US with one in five school age kids not getting enough to eat.
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