Electrical Engineer Unemployment Soars; Software Developers' Rate Drops to 2.2% 419
dcblogs writes "The unemployment rate for people at the heart of many tech innovations — electrical engineers — soared in the first quarter of this year to 6.5%. That's nearly double the unemployment rate from last year. The reasons for the spike aren't clear, but the IEEE-USA says the increase is alarming. At the same time, U.S. Labor Dept. data showed that jobs for software developers are on the rise. The unemployment rate for software engineers was 2.2% in the first quarter, down from 2.8% last year. This professional group warns that unemployment rates for engineers could get worse if H-1B visas are increased. The increase in engineering unemployment comes at the same time demand for H-1B visas is up."
Re:One cause (Score:2, Funny)
Who needs experience from production when patent trolls can innovate through the creation of patents.
Re:Reads like a press release (Score:5, Funny)
but they want to complain about visas.
Well, who doesn't?
But seriously, why do they always want to single out engineering to artificially stuff the talent supply with imports? For example, it's obvious from the quality of our current congress that this country has a severe shortage of qualified candidates for public office. If they weren't flagrant hypocrites, they'd pass a law to issue visas to thousands of foreign politicians so that they could come here and compete for their seats, and in the process strengthen America's competitiveness and increase the quality of its laws.
Re:Stop spreading FUD (Score:5, Funny)
You are really making the name of Anonymous Coward look bad.
Re:One cause (Score:4, Funny)
Odd. I would have guessed management should be the easiest to outsource. After all, the former East Bloc countries should be full with unemployed managers who can drive companies into the ground.
Think of the money that could be saved!