Hi all Everyone knows that US economy is going down and it is difficult to estimate something right now because recession is still on growth stage and nobody knows how longer it will take to retain on a stable condition. There is one more thing that 80% of US I.T. development is been done and all of businesses have gone online or automated through all H1 recruitement. infact they recruited a big # of people as thinking that the same boom will retain for some next years but Now U.S. I.T. market have very less jobs to do as compare to 2-yrs back. So ultimately firing will take place and companies will definitely try to reduce their expenses. Here comes another valid point and that is what i can call is "Market Strategy", infact U.S. market was gone on such Boom, which would might create some great great losses for economy when original recession will took place. So may be due to these reasons some economy drivers have started making a FAKE slump starting by I.T. job market and i think this the best way to control it because all of the H1 holders are non-U.S. residient and they are the best thing to play and experiment with and it will not effect Americans as well. There would be another strategy to create a fake recession and that is just to stop EUROPE to get in to I.T. Yes, this would be, Germany is offering green green card to all I.T. professionals and started hiring globaly, same was going to happen with Uk, Ireland and Finland in next 2-months. So, may be just to tell europe that Recruiting is not a good practice, Americans showed a big mistake result to give an idea of Europe's current I.T. investment. This would be a trick by Americans to be the Market Leaders. Hope for the best and try to find out something good in Europe like UK, Ireland, Germany and even Finland. These countries are always stable and never been effected by U.S. economy or international politics. Rightly now England is in a big demand of I.T. professionals. Java, Ejb, Asp, Support guys and Oracle DBA is in big demand.
Economy (and history) is driven by cock up not conspiracy. It has been obvious for a while that the US .com bubble could not continue indefinatly, but "irrational entuseasm" tends to be followd by "irrational depression". If Europe is lucky it will get by on qiet confidence. Marcus
Originally posted by Marcus Green: driven by cock up
I'm not even going to ask what this means. ------------------- Anyhow, I am still plodding along on the job search. Got back from the Green River (Utah). Awesome trip, many many trout. I am totally sunburned. And it is currently snowing in Denver this evening (Sun: 4/22/01). John Coxey (firstname.lastname@example.org)
[This message has been edited by John Coxey (edited April 22, 2001).]
I am not even sure what the point of this meaningless drivel really is. I know that I was on the board which decided to fake a slump in our corporation just to make Europe think IT investing is a bad idea. Then I called other corporate boards and advised them to do the same thing... hmmm, no, maybe I didn't do that and neither did anyone else. One thing I did want to note is that H1 visa holders, while legally required to be rehired in 10 days after lay-offs, are for the most part getting a lot of leniancy from the US govt--which is even allowing easy transport of the visa to other companies. Not to put any gaping holes in anyone's conspiracy theories. OP