labor-market on S Anand

Outsource your own job

Sat, 21 Aug 2004 12:00:00 +0000

Outsource your own job. A programmer outsourced his job to an Indian programmer. Salary arbitrage: $67,000 - $12,000 = $55,000. He’s planning to get another job and do this again. (It’s probably not true, though)

Does education really pay

Sun, 17 Nov 2002 12:00:00 +0000

Does education really pay? An interesting article on Forbes arguing that education does not cause higher salaries, but is merely correlated with it. The logic sequence is broadly:

Labour markets want smart people.
Smart people tend to want education.
Hence labour markets appear to want educated people.

Employment is falling

Thu, 07 Jun 2001 12:00:00 +0000

While in the US services sector employment is falling, high tech employment, which is about 8% of the services sector, continues to grow. Meaning technology is still growing, despite the recession. Strange!

World employment report

Fri, 26 Jan 2001 12:00:00 +0000

I’ve ordered a copy of the World Employment Report. Apparently, it says that India won’t sustain its software boom, and I want to know why.