spciesla
Mechanical
- Jul 23, 2003
- 140
Long article, but here are a couple of my favorite snippets.
"Were there to be a genuine shortage at present, there would be evidence of employers raising wage offers to attract the scientists and engineers they want. But the evidence points in the other direction: Most studies report that real wages in many—but not all—science and engineering occupations have been flat or slow-growing, and unemployment as high or higher than in many comparably-skilled occupations."
"Labor markets for scientists and engineers also differ geographically. Employer demand is far higher in a few hothouse metropolitan areas than in the rest of the country, especially during boom periods. Moreover recruitment of domestic professionals to these regions may be more difficult than in others when would-be hires discover that the remuneration employers are offering does not come close to compensating for far higher housing and other costs."