An article about woes in the high-tech sector helps explains our perma-temporary jobs deficit. The crisis in the U.S. workforce is partly Cyclical (a short-term drop in demand):
"We are talking about people with very particular, advanced skills out there who are at this point just not needed anymore," says Bart van Ark, chief economist at the Conference Board, a business and economic research organization. "Even in this sector, there is tremendous insecurity."
...partly Structural (a long-term mismatch of workers and jobs):
The chief hurdles to more robust technology hiring appear to be increasing automation and the addition of highly skilled labor overseas. The result is a mismatch of skill levels here at home: not enough workers with the cutting-edge skills coveted by tech firms, and too many people with abilities that can be duplicated offshore at lower cost.
...and partly Strucylical (people out of work due to a short-term drop in demand see their skills atrophy)
That's a familiar situation to many out-of-work software engineers, whose skills start depreciating almost as soon as they are laid off, given the dynamism of the industry.
Read the full story at the New York Times.
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