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Technology

Submission + - US high tech unemployment stubbornly high, @ over 4% (eetimes.com)

Taco Cowboy writes: The overall unemployment figure in US stays at 8.2, while the unemployment figure for (relatively) high tech sector seem to be rosy, at above 4%, nevertheless it's stubborn high, given the fact that the output of United States' high tech sector continuously leads those from other countries around the world

The main point is that the American engineers are losing ground in terms of competitiveness.

Asia is rising in more than one aspect. Asian's engineers have gotten themselves as skillful as those of the United States of America, but yet, they readily accept pay that is half of what their American counterparts are receiving

Submission + - Germany is to be blamed for the Euro crisis, accor (bbc.co.uk) 1

Taco Cowboy writes: Who is to blame for starting the current crisis in the eurozone? Greece? Italy? The real answer may lie further north.


That's how BBC has put it — Euro crisis stem from not Greece, not Italy, not Spain, but Germany, up North. When a media company representing Great Britain openly blames Germany for the Euro crisis, mud will start flying in every direction, I'm afraid.

Technology

Submission + - Americans leaving USA in record number (rt.com)

Taco Cowboy writes: According to the States department, around 6.4 Million Americans are working or studying overseas.

In the past 24 months, the number of Americans between the ages of 25 and 34 surged from barely 1 percent to over 5.1 percent.

Many of those leaving the US have job skills that would transfer quite well in the American market. Instead, however, they chose to bring those out of the States, attracted instead to opportunities elsewhere.

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