Outsourcing Of The American Dream

In today’s society, a college degree has become a requirement in order to obtain a well occupied profession. Prior to the recession, which the study defines as the period between December 2007 and June 2009, bachelor's graduates were already more likely to be employed than were associate degree holders, who were more likely to be employed than those without any postsecondary degree. After the recession, employment of college graduates dropped 7 percent, while associate degree holders experienced an 11 percent drop, and employment of high school graduates fell 16 percent. The percent of people excluded from the workforce, meaning they were seeking work but couldn’t find it, rose 31 percent for college graduates, 37 percent for high school graduates, and 50 percent for associate degree graduates, though associate degree holders were still excluded at a lower rate than high school graduates (Tilsley, 2013).

Instead of relying only on domestic workers, many companies also outsource some of their labor into foreign markets. This practice can have negative effects on the economy overall, individual businesses can often benefit from this practice. Outsourcing offshore can allow companies to tap into foreign markets and expand their businesses.

Supporters of getting a college degree often point to the statistics that college graduates earn more than their high school educated peers over a lifetime. Statistics by the U.S. Census Bureau reports that since 1977, “Adults with bachelor's degrees in the late 1970s earned 55 percent more than adults who had not advanced beyond high school. That gap grew to 75 percent by 1990 -- and is now at 85 percent.” A gap of an 85% pay difference is a huge figure and a clear reason why college is a great option for some people. But there are problems with that figure because when the number of college graduates who are either unemployed or underemployed is taken into account it changes the value of the statistic. In an article by Businessweek’s Richard Vedder we get statistics to counter that argument. He tells of how the number of new college graduates far exceeds job growth in technical, managerial, and professional jobs where graduates traditionally have searched for employment. As a consequence, we have underemployed college graduates doing jobs historically performed by those with just a highschool education. He says we have “more than 100,000 janitors with

Many young people think that obtaining a college degree is the best way—perhaps the only way—to get a good job anymore. So is it still possible to get a good job without one? According to Professor Blanche D. Blank, attaining a college degree doesn’t always guarantee success. In his published article “Degrees: Who Needs Them?”, he argues that American college is not teaching young adults the actual skills they need for the workforce, instead the education system is becoming a jumble of generalized credits that amount to a degree. College is becoming a mold for one to fit in the technological culture, rather than to release one to actively engage in the pursuit of knowledge. Blank begins building his credibility with personal experiences and

A college degree is a valuable asset that could ultimately lead to a productive life in society due to the received education, but people without a college degree do turn out more than adequate in regards to societal success. According to the Bureau of Labor Statistics, of the forecasted 30 fastest growing jobs between 2010 and 2020, five do not require a high school diploma, nine require a high school diploma, four require an associate 's degree, six require a bachelor 's degree, and six require graduate degrees to get the jobs (College). In an article called “College Education” by ProCon.org,

Over the past decade, it has become evident to the students of the United States that in order to attain a well paying job they must seek a higher education. The higher education, usually a college or university, is practically required in order to succeed. To be able to attend these schools and receive a degree in a specific field it means money, and often a lot of it. For students, the need for a degree is strong, but the cost of going to college may stand in the way of a successful future. Each year the expense of college rises, resulting in the need for students to take out loans. Many students expect to immediately get a job after graduation, however, in more recent years the chances for college graduates to get a well paying job

Even though the rise in the number of college graduates had positively impacted the American economy by leading to the growth of the pay gap, yet it’s still not enough. The reason is that the short number of college graduates is mainly due to the lack of

Many businesses in United States manufacture their product overseas. This involves manufacturing products outside United States where the labor cost is cheaper. Because of cheap labor, it is often more economical for a U.S. company to manufacture overseas and pay the shipping costs than to manufacture in the United States. For a company, the savings may be substantial. However, there are negative impacts on U.S. employment, as many jobs in the United States are being outsourced and replaced by overseas positions. The manufacturers outsource production projects to save time, money or resources. The manufacturing is outsourced so as to remain competitive and maintain a steady work flow. Without outsourcing, manufacturing costs could escalate to the point at which no product would sell and all employees would have no work. Outsourcing comes

A job requires skill and knowledge. Murray says, “ The increase in wealth in American society has increased the demand for all sorts of craftsmanship… work of specialized skills in stonework, masonry, glazing, painting, cabin making, machining, landscaping, and a dozen other crafts” (Murray 236). Murray says that college will not provide the skill set for these jobs. College is where. Murray wants these type of people with low academic ability to shoot for one job and not move from that occupation or move up the ladder. Sanford J. Ungar in “The New Liberal Arts” makes a counter argument saying “It is far wiser for students to prepare for change and the multiple careers they are likely to have than to search for a single job track that might one day become a dead end ” (Ungar 191). During the economic recession, many workers in the manufacturing industry were laid off without a guarantee that they would be rehired in the future or that their positions would still be available. Unfortunately some of these jobs will never come back because the positions have been modernized. Non-stop robotic arms have replaced humans in the assembly line, which have financially benefited the companies. The advancement in technology has brought the world to a state where skilled labor jobs are not needed as much as others such as jobs in computer information systems or computer networking. Ungar brings up Geoffery Grain, president of the Hart Research who says that the responsibility of higher education today is to prepare people “ for jobs that do not yet exist” (Ungar 191). Higher education will always be beneficial now or in the future, it will never be a

Getting a “good” job is not straightforward as it used to be. In past generations, someone in an entry-level position could work their way up the ladder simply through hard work and determination; whether or not one had credentials or a diploma mattered very little. This is not the case today. Higher education is now critical to obtaining a better job because the demand for skilled labor is rising. For this reason, the value that a degree offers is higher than that of one’s actual intelligence or merit. Furthermore, workers without college degrees will quickly be outpaced in position and salary by degree

     The exporting of American jobs is an issue that is important and will become increasingly so as more and more white collar jobs are shipped overseas. American companies in the past few decades have been sending American jobs overseas paying residents of other countries pennies on the dollar what they had paid American workers to do. This saves the companies millions of dollars on labor costs but costs Americans precious jobs.

the real world. Finding a career after earning a college degree is challenging, and “it’s true that 2017 graduates are having a hard time finding jobs.”.(Callahan, paragraph 9) This came to light during a presidential debate, when a college student asked “How can you make it possible for me to be absolutely sure I can get a job with my degree?”, this kind of instability shows that college isn’t necessary for any kind of success.

Not enough people realize that there is good paying jobs for little to no college. The industry is what America was built on, and today it is still powered by the trades. I think I learned a lot from further researching this topic, I realized that not all of the U.S. is suffering from the shortage of workers, rather, my findings show that some areas are oversaturated with workers or even just the specific trade. Despite this saturation, I have learned that what I’ve been told all my years, about how the skilled trades are experiencing a loss in workers due to many of the workers becoming retirees and not enough workers to replace them. With this information, I can further my career pursuit, as I now know some areas that are in more need of workers so I can make more money while still doing what I love. This information should be relevant to everyone, because with this, people can possibly find a job they love and never have to go to college, and be making good money straight out of school. Another reason this information is so important is because that without tradesmen, Everyday tasks and jobs may not be

Across the nation, recent college graduates are experiencing an excessive amount of student debt and underemployment- in fact, it has now reached the largest in our nation’s history at a staggering 1.2 trillion dollars (Source 1). Additionally, as many as 44% of recent college graduates are facing underemployment (Source 2). Underemployment can be defined as working a job that doesn’t require a bachelor’s or college degree. With underemployment and student debt increasing at exponentially high rates, it’s now becoming debated whether or not college is even worth the cost and time investment. Though there is one question that should be asked: How did we get to this point as a nation? Why aren’t recent college graduates prospering in comparison

In the competitive world today, having a college degree might not benefit a student as much as before, thus opening up numerous questions concerning its necessity. Not only is the number of students desperately trying to enroll in college increasing, but the tuition shoots up as well. However, will college enrollment necessarily be enough to increase your chances of attaining job security? The answer is hotly debated amongst adults and students alike, which opens up the second option for students, that is, joining the work force. Although this option is generally shunned by the new generation, the tough economy and slow restoration makes it quite a desirable choice at the moment. Joining the work force is a hard decision to make as it