Tuesday, December 28, 2010

Like I was saying......

The Economic Policy Institute may be a great organization with really smart people but it's hard to tell from where I'm sitting. I don't have the time to do research on this non-profit think tank. I'll break my Personal Rule Number 8 and suggest that because they are featured on Yahoo! News that they are a legitimate organization.

This article comes from the AP (Pallavi Gogi, Business Reporter) and features a familiar diatribe about US jobs going overseas:

http://news.yahoo.com/s/ap/us_overseas_hiring;_ylt=ArBZlCbNRoAECtBQ1QZCK2.s0NUE;_ylu=X3oDMTNpNTNzb3M0BGFzc2V0A2FwLzIwMTAxMjI4L3VzX292ZXJzZWFzX2hpcmluZwRjY29kZQNtb3N0cG9wdWxhcgRjcG9zAzIEcG9zAzcEcHQDaG9tZV9jb2tlBHNlYwN5bl90b3Bfc3RvcnkEc2xrA3doZXJlYXJldGhlag--
What's different here is the comparison between sending jobs overseas and the perceived market value of the company that does business like that. In short, investors like it when companies get rid of "regular jobs" here in the USA.

Robert Scott, the Senior International Economist from the Economic Policy Institute puts this very clearly: "There's a huge difference between what is good for American companies versus what is good for the American economy," says Scott.

What is good for American Companies may not be good for America, but what about you? Is this good for your job prospects? Career opportunity? Your economic outlook?

I'm not a protectionist or a nationalist in any way. I agree that in the international market for work, Americans have out-priced and underperformed themselves out for the market. Is that bad?

Could that be good? What if you understood this reality and worked within that new world market to better yourself and your economic outlook by changing your ideas on what work really means?

Good or bad is not the issue. Change is the issue. Work is changing because of this and many other critical factors in the business equation of the 21st century.

It's not a 1900's job market here in America, and certainly not in India, China, Brazil or the Russian Republic. Think about how the job market has changed in those places. Think about those people and their expectations for the kind of work you have always known as "work".

You would be naive to think that the jobs we send overseas are always a boon to the lifestyle, financial health, culture and environmental outlook of the people who's lives are different doing this new work. Again, I'm not saying it's good.

It's a dynamic and fundamental change in the way we think about work. It's one of the reasons your life will not be the same.

Very soon.

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