Cool! I say if Germany, Sweden or Finland offers a better oppurtunity for legal immigrants than the United States, they should go there. It's probably a lot easier and cheaper, too. Since the bulk of immigration is to the United States, I can only assume it's not because of ignorance but simply because America offers the more opportunities and freedoms than any other country in the world. ^ That's just my logic. If anyone disagree I'd love to hear your thoughts on the issue.
Well, the key thing is you have EXACT right skillset. If you are an engineer, you would understand how difficult it is to have the EXACT right skillset. The senior you gets, the more difficult it becomes. In many cases, the knowledge and skill is simply untransferable. I guess executives do not have this problem. Their skillset is more transferrable. The lesson here is to advise your kids to stay away from engineering. BTW, thanks for the RE bubble, my engineering Ph.D. friend from Lucent makes a great living as a RE investor and broker.
Chemical engineering is the currently the highest paid major. Agree that many professional jobs will be sent overseas. Hopefully, good jobs emerge as they always have before when we sent jobs overseas.
The referenced article says unemployment among engineers was 2.5 percent in 2004. That statistic does not indicate a surplus.
But this one does: "From 2000 to 2003 engineering employment fell 8.7 percent". The reason for the low unemployment is because engineers are smart and will find something else they can do like trade or real estate.