[extropy-chat] 'Unskilled jobs to go in 10 years'

Kevin Freels cmcmortgage at sbcglobal.net
Fri Nov 12 03:51:00 UTC 2004


Could this be because the minimum wage in Britain is 4.85 pounds (About
$9.00 US)?
That's a little less than twice our $5.15. Minimum wage laws are one of the
very things that drives companies to send unskilled jobs overseas.

Kevin Freels

----- Original Message ----- 
From: "Damien Broderick" <thespike at satx.rr.com>
To: "'ExI chat list'" <extropy-chat at lists.extropy.org>
Sent: Sunday, November 07, 2004 9:04 PM
Subject: [extropy-chat] 'Unskilled jobs to go in 10 years'


>
http://www.telegraph.co.uk/news/main.jhtml?xml=/news/2004/11/08/njobs08.xml&sSheet=/news/2004/11/08/ixnewstop.html
>
>
> By Malcolm Moore, Economics Correspondent
> (Filed: 08/11/2004)
>
> There will be no jobs for unskilled workers in Britain within 10 years,
the
> leading employers' organisation claims today.
>
> The prediction is based on the growth in "outsourcing" manufacturing and
> sales jobs abroad to economies where staff are hired at a fraction of the
cost.
>
> Digby Jones, the director-general of the CBI, will tell his annual
> conference in Birmingham: "There will not be any work in Britain for
> unskilled people . . . within one scholastic generation."
>
> In a survey of 150 companies, which employ 750,000 people between them, 51
> per cent said the pressure to move their jobs abroad had increased.
> [etc]
>
>
> "Protectionist voices who think they can stop this - that's cloud cuckoo
> land," he will tell the conference, which will be attended by Gordon
Brown,
> the Chancellor, and Peter Mandelson, the European Trade Commissioner.
>
> "Ensuring people have the skills remains our problem. You have nothing to
> fear if you skill yourself."
> [etc etc]
>
> ==================
>
> The trouble with this `skilling yourself' theory, as far as I can tell, is
> the insidious and inevitable slide of remaining and new jobs toward the
> righthand side of the capability bell curve. Outsourcing doesn't just mean
> equally stupid people will work for less; it means extremely capable
people
> will work for less. For a while, anyway.
>
> Damien Broderick
>
>
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