Accounting Specialist at Arizona State University

 
News: U.S. to sharply cut number of H-1B visas: "U.S. to sharply cut number of H-1B visas

The United States is about to cut the number of employment visas it offers to highly qualified foreign workers from 195,000 to 65,000, immigration experts said Monday. "

 
The China Post: "'I wasted my education for nothing.'
Ruf, married and planning a family, wept when she learned she was just one of 93,000 Americans laid off in August. The steep drop in payrolls last month brought the number of jobs lost since the 2001 recession's end to 1.1 million ¡X the worst 'jobless recovery' on record.
And with more and more white-collar work flowing overseas, experts worry it may be tough to retrain workers quickly enough to avoid derailing an economic recovery that has only now begun to gain steam. "

 
vnunet.com Unions still suspicious of outsourcing: "The fear is that the drive towards offshore outsourcing may start with low-skilled workers but move up the skills chain.
An Amicus spokesman said: 'We have never had a hardcore attitude against offshoring and are more than happy in some cases to encourage it.
'But we don't want this to lead to companies eventually outsourcing much of their entire operations and we end up as a nation of fat cats and hairdressers.' "

 
Exporting U.S. Jobs - The New American - September 22, 2003

An engineered exodus of manufacturing and hi-tech jobs threatens to abolish the American middle class — the bulwark of a free society.

 
Wired News: Bidding Your Job Bon Voyage: "TechxNY, the technology tradeshow formerly known as PCExpo, has evolved -- or perhaps devolved -- from a showcase for cool new products to a rather bizarre human resources bazaar.

Representatives from Bulgaria, China, the Dominican Republic, Egypt, Grenada, India, Romania, Russia and Nepal are front and center at the show, busily trying to convince North American companies to move chunks of their business offshore.

 
Business Journal of Phoenix:

Valley hiring pace expected to pick up

As the temperatures cool in the coming months, the
Valley's job market is expected to heat up.

According to the Manpower Employment Outlook Survey,
released Tuesday, 34 percent of Valley companies plan to
hire new workers from October through December. Fifty-nine
percent plan to maintain current staff levels and only 7 percent
plan job cuts.
Read full article at:
http://www.bizjournals.com/phoenix/stories/2003/09/15/daily14.html

 
Industry slashes jobs as mortgage boom fizzles out

Industry slashes jobs as mortgage boom fizzles out

By Mark Calvey
San Francisco Business Times

Sep. 22 — Major players in the Bay Area's mortgage industry are starting to shed employees as rising interest rates close the book on three years of record lending.
Rates earlier this month moved to 6.44 percent on an average 30-year loan, the highest level this year. Rates have since pulled back but remain well above 6 percent.

 
MySanAntonio : Business: "U.S. jobs: Next stop, India?

By Sanford Nowlin and Travis E. Poling
Express-News Business Writers

Web Posted : 09/21/2003 12:00 AM

When Paul Olivares took a job at USAA's information technology department 14 years ago, he thought he might stay with the company until retirement.

Customer service agents field calls from the United States at the Customer Asset call center in Bangalore, India. Labor can be 70 percent cheaper than in the United States, and companies that shift their customer service departments to India can save up to 60 percent.
Associated Press File Photo


Paul Olivares is considering switching professions to pursue his love of music after he had to leave his job in USAA's information technology department. The company has been giving more work to Indian contractors who will work for much less money.
Nicole Fruge/Express-News

But his hope for that faded as the insurance giant began a series of layoffs in 2001 that slashed hundreds of jobs, then imported scores of foreign contractors to work in its information technology subsidiary, ITCO. "