This year is tough for college graduates looking to enter the job market. Even more than last year: a study shows a 1.7 percent decline in the salaries offered for entry-level positions when compared with the same time last year. 2010 colledge grads can expect an average offer of $47,673, compared with $48,515 in 2009.
However there are still careers where the median starting salary is above the average. Let’s review the top ten jobs that offer the highest starting pay:
1. Engineering (median starting salary $53,400)
Engineers use math and science to develop solutions to technical problems. There are many specialties, including industrial engineers, aerospace, and biomedical. A steady growth is expected in this field. Read this »
Despite President Obama’s pledge to retain hi-tech jobs in the U.S., the United States Agency for International Development (USAID) has launched a $36 million campaign to train workers, including 3,000 specialists in IT and related functions, in South Asia, InformationWeek reports. Later we learned that USAID also launched a similar program in Armenia.
After their training, the tech workers will be hired by outsourcing vendors that provide offshore IT and business services to American companies looking to take advantage of the low labor costs.
Under President Obama’s appointee director Rajiv Shah, USAID will partner with private outsourcers in other countries to teach workers advanced IT skills like Enterprise Java (Java EE) programming, as well as business process outsourcing and call center support. USAID will also help them improve their English language skills. Read this »
The United States used to have the largest and most prosperous middle class in the world, but now that is changing and the rich are getting richer and the poor are getting poorer at a blinding speed.
The main reason for such fundamental changes is the side effects of the globalism and “free trade” that our leaders insisted would be so good for us. It turned out that they forgot to tell us that in “global economy” American workers would eventually have to directly compete for jobs with people in other countries with no minimum wage and few other regulations. Over the last several decades the big global corporations have greatly benefited by exploiting third world labor, but more and more middle class Americans have found things to be very tough.
Most people have nothing to offer in the marketplace other than their labor and absolutely dependent on someone else giving them a job. U.S. workers are much less attractive today compared to the rest of the world. They are extremely expensive, and the government keeps passing regulations that makes it even more difficult to conduct business in the United States. Therefore large corporations are moving operations out of the U.S. and, since the U.S. government does not penalize them for doing so, there is no incentive for them to stay. Read this »
Today CNBC scored 50 US states using publicly available data. States received points based on their rankings in 40 different metrics and then those metrics have been separated into ten categories: