The movement of American factory jobs and white-collar work to other countries is part of a positive transformation that will enrich the U.S. economy over time, even if it causes short-term pain and dislocation, the Bush administration said yesterday.

So all that's left in the US is service industry? Skilled work needs to stay in America. Technology and information drive innovation, and a country of salespeople just isn't going to keep up.

/me rolls eyes.

Bush report: Sending jobs overseas helps U.S.

Decius wrote:
] ] The job market may not be booming. But for many in the
] ] college class of 2004, it won't be quite as dismal as it
] ] was for last year's grads.
]
] Some good news...

Looks to be about dead on.

My first job after graduating with my degree in chemical engineering payed about $50k... and this was a couple years ago.

I've definately found it to have been a very useful and valuable degree. Of course, I'm not actually working as a chemical engineer. But I still feel I learened more useful stuff (like time-value of money, statistical data analysis, etc) studying chemE than I would have studying something else.

RE: Most lucrative college degrees '04 - Feb. 5, 2004