General Discussion
In reply to the discussion: Why Republicans Are Opposed to Supporting the Poor - An Open Secret [View all]MineralMan
(151,273 posts)computer technology and other such disciplines in college. They did, due to the promise of high-paying jobs in those industries. However, that was something of a scam. By the time the second wave of such students graduated, industry had discovered that the could import people to do those jobs, and pay much less, due to specific types of visas.
Now, there is a surplus of people trained to be software engineers and the like. For the most skilled and creative of those, there are still good-paying jobs, of course, but for the bulk of people who studied those disciplines, they are not needed, nor wanted, any longer. It is far too easy to outsource much of the work or to bring people in from other countries to do the day-to-day work of coding and other computer science jobs.
So, with a surplus of qualified workers, salaries have gone down and jobs can be done on a contract basis. This lowers costs and has created a gig economy in that industry that even further depresses salaries and costs for benefits of full-time employees.
It's all part of the scheme.