Why There Are Fewer And Fewer Good Jobs

I have a friend from the gym I used to be a member of, and he writes a blog. His latest entry explains why there are fewer, and ever fewer good jobs. The title of his blog is BizSinc-Bringing Business To Life. His latest entry is titled Can’t Refuse. His name is Thomas W. Smith. His other entries are worth reading, as well. Google the entry (especially you Dude).

3 thoughts on “Why There Are Fewer And Fewer Good Jobs”

  1. The whole job combining deal is the endgame of the push of clerical and support tasks onto professional and technical staff, which I’ve watched and experienced for over 30 years. This has two results for the employer, both good for the bottom line: the pay of the professional is depressed due to the presence of the support tasks, and the admiin/support position is eliminated. Where therer used to be one admin for every five or six people in the department, thre is now only one or two for a department of forty or so people.

    Part of the reason that this happened is that in many companies, it is not a lot more expensive to hire a professional or other college graduate when the cost of providing benefits is considered. At one time, engineers cost only 20% more than secretaries at a fully-burdened labor rate (salary plus cost of benefits and overhead plus profit for a contractor). If one is a contractor who is working on a time and materials contract, it is more profitable to hire professionals because their hourly rate is higher, and so the profit/fee that the company collects for the work is higher.

    It is not so much that there are fewer good jobs, but that there are fewer good entry-level to mid-level jobs and it is harder to be promoted from within.

  2. The thing I was most amazed at was that it happened here in the backwater of Southeastern Pennsylvania. This ‘efficient sizing’ (to coin a term) seemed to happen elsewhere first. The fact that it is happening here is really depressing. My friend Tom is the only person I know who has benefited from this trend. Every other person I know lost jobs to ‘efficient sizing’. Our society cannot carry on this way. We were, and always have been a work orientated society. Without work people are undefined. We dream, and then build our dreams. But, one cannot build a dream without a job. The question is: How long will it take for our society to collapse?

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