The demand for computer engineers is higher and higher every year in America. Engineers are paid well above many other professional occupations. Due to the increasing supply demand imbalance, engineers are paid even better every year. However, American students gradually start become minority within most American engineering schools from the last decade. Many American companies and schools complain about not enough American engineers for them to hire and admit. Why?
Is that because American engineering schools admit more international students? Is that because Americans do not like studying engineering anymore? Is that because Americans prefer fun life to well paid jobs? Any thought is welcome.
It's a very simple answer. If you want to be a well paid engineer in the US you need to go through a 4 year college and take 30% engineering classes and 70% classes that you have no desire to take. In other countries, their engineering schools are logical and focus on engineering. Therefore it's faster, easier, and cheaper for engineers to be made.
Also many engineers here spend 5 years in 4 year colleges. It's a complete and utter waste of time.
@peregrinearchery, it seems to be reasonable to spend one extra year in school to get paid higher every year afterwards. Engineers' average starting pay is around $70k, much higher than the average of many other occupations.
I graduated from an elite computer science program... and I'd say 70% of the classes were NOT #$%$ classes. You have your ratios flipped peregrine.
Also, 90% of my peers are natives. I think the numbers are bogus.
I worked for Home Depot a few years back and their mentality was hire 5-10 engineers and pay them 1/5th of what we were paid... but you could take 2 of "me" and whip out a better, faster, more effective product. Probably cheaper too in the long run. BTW, they're really starting to realize this (from my sources on the inside). So I think a lot of companies still have this mentality... need to hire a BUNCH of cheap labor. Obviously a skewed metric IMHO
Sentiment: Strong Buy
What is new? Where the news?
Recommend to read Claude Levy Strauss (French ethnographer who anticipated the trend of modern developed societies toward a vulgar and manipulated entropy (read entropy by the way of a measurement uncertainty with a set of messages, where we are going to get only one) a century ago.
To study engineering, math’s, phys, programmers or any of these, requires an additional exercise (read exercise as an additional work – additional intellect job) to find and get our best.
*To do our best wherever we are no matter the place, religions, skin, languages, etc that’s the life. “At least I tried” (from the movie: One flew over the cuckoo nest, by Milos Forman: don’t remember if won many Oscars, but surely one of the best American movies in your history)
Let's make simpler: WackoTrader or other professional traders studying charts are spending a lot more time than most of us (including me in the first place). They "work" more.
Take a look at something easier to study than the lack of computer engineers:
It's very difficult to find a good plumber or electrician in developed societies. Any job or profession that requires a physical effort above the mean has no "militants".
This week Jim Rogers talked about the international lack of farmers, anticipating that nobody wants to do these tasks and predicting at some point the human race will suffer hunger for this behavior.
Also there are no trained nurses in an aging population in all developed countries (including China).
If you allow me a bit of black humor you would read:
Give me the name of the CORP manufacturing wheelchairs in Germany, One of the fastest aging countries and lowest population growth, to buy their shares immediately.
The current “locomotive” inside developed countries not only has no engineers, crop pickers, nurses and farmers. No. The most important problem is the lack of common sense.
Just think rigorously on our and your emerging politicians to be elected, to realize we are not in condition to do a single addition successfully during the first "engineering minute".
SCD shorting lawyers for a better planet
best weekend to all