Electrical Engineering Labor Pool Shrinking 401
dcblogs writes "The number of electrical engineers in the workforce has declined over the last decade. It's not a steady decline, and it moves up and down, but the overall trend is not positive. In 2002 the U.S. had 385,000 employed electrical engineers; in 2004, post dot.com bubble, it was at 343,000. It reached 382,000 in 2006, but has not risen above 350,000 since then, according to U.S. Labor Data. In 2012, there were 335,000 electrical engineers in the workforce. Of the situation, one unemployed electrical engineer said: 'I am getting interviews but, they have numerous candidates to choose from. The employers are very fussy. They are really only interested in a perfect match to their needs. They don't want the cost to develop talent internally. They are even trying to combine positions to save money. I came across one employer trying to combine a mechanical and electrical engineer.'"
Far to intelligent (Score:5, Funny)
In reality management follows this reasoning:
Management: We have more work then we can handle, training is boring so we need to hire someone who is a good match for what we need, some experience with tool chain we use.
Reality: They can't find anyone.
Management: We have far more work then we can handle, there is no room for training so we need to hire someone who is a very good match for what we need, 2 year experience with the exact tool chain we use down to version number.
Reality: They can't find anyone.
Management: We are drowning in work, we never heard of the word training, the recruitment costs are sky high so we will be offering peanuts for wages and we need someone who is an exact clone of an employee who escaped years ago.
Reality: They can't find anyone.
Management: We outsource/hire immigrants and blame the total collapse of our business on the local work ethic.
Management: We deserve a bonus!
CEO: Me too!
Board of directors: Agreed, if you agree to raise our compensation.