http://www.theregister.co.uk/2004/08...f_least_happy/

Silicon Valley's optimism isn't shared by the people who work there. According to the AP, area employees are the most pessimistic in the United States. Twenty-seven per cent fear losing their jobs, compared to 18 per cent nationally. Although the unemployment rate has fallen, few new jobs have been created, and laid-off workers have simply moved on.

There's another big reason for the pessimism: offshoring. The migration of white collar jobs is expected to hit the IT sector harder than others, with one in six jobs vulnerable. States that worked hard to attract high-tech jobs are also ruing the decision, and discovering that a more diversified economy is more prosperous during the bust.


One in six IT jobs vulnerable to off-shoring?
I wonder how Politicos would look in Indian or Chinese?