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Old 09-29-2011, 03:09 PM   #2
Hamz
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I think the problem starts with the education system, charter schools are helping but are being fought against every step of the way by teacher unions. An uneducated work force is only good for manual labour jobs. As work in the western countries turns to more service and information based jobs the requirements are going up while costs of personal education goes up and the quality is going down.

And the article is correct that if you are selling to asian markets you are going to succeed. I'm wondering if manufacturing will return when the population in asia raises their standard of living and wages and it becomes harder for these companies to produce products so cheaply in these countries. But of course the countries these markets involve aren't the friendliest towards unions and individual freedoms.

on the other hand with these companies fighting for skilled workers, these workers are in a better position for demanding better wages and benefits.
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