The U.S. Federal Government Should Protect High Wage Domestic Jobs

Door Liviacambel gepubliceerd op Monday 23 March 08:28

The concept of job protection in the domestic market inherently aims at ensuring that professional and technical expertise is retained within the country. Though the availability of jobs in the domestic market is characterized by supply and demand forces in the job market, the available domestic jobs irrespective of their level should be protected by the Federal Government. The sustainability of the country’s economy both in the domestic and international markets is significantly dependent on the country’s capacity to generate and sustain domestic jobs for its citizens. Therefore, it is essential for the U.S. Federal Government to protect high end jobs if you read the nyu essay.

High end jobs, such as senior management or chief executive officers in various industries and sectors are critical in the development of new strategies, products and innovative services. They play a significant role in stimulating economic growth, hence translating into an increment in mid-level and low-end job creations. If the government fails to protect such jobs, it would open itself to significant human capital shortages. More so, those in a position capable of making decisions and policies that not only contribute towards the country’s employment rates, but also increase the available disposable wages to all employee levels.

Though it may be argued that holders of high end domestic jobs earn numerous amounts in salaries and wages, their impact on the country’s overall productivity, reduced unemployment rates and incomes should not be overlooked. Essentially, the protection of domestic high jobs prevents such jobs from being outsourced to lesser qualified individuals who may not have the capacity to execute their duties effectively.

Therefore, the Federal Government should not overlook the contributions of high end domestic jobs in the local economy. According to Schumer & Roberts (2004), “When American companies replace domestic employees with lower-cost foreign workers”, the quality of services and products may be significantly impaired. It is due to the fact while American holders of high end domestic jobs may be perceived as not in need of protection, their professional contribution towards their respective firms and companies produces results.

In the event that these jobs are not adequately protected by the Federal Government, professional and technical experts capable of holding such local jobs would seek job protection and satisfaction elsewhere. As such, the United States Government and economy would be the ultimate loser since qualified individuals would seek employment in countries that appreciate the significance of their contributions. On the other hand, an observation may be presented that the protection of high end domestic jobs may lead to complacency that might impair productivity and harm lower level jobs in the country. However, the integration of Federal Government’s protection of high end domestic jobs with defined standards of performance should ensure such concerns are laid to rest.

Moving economies forward should not be left entirely to the forces in a free market context (Murphy, 2004). The intervention of the Federal Government is essential to ensure that economic progress and parity are attained across various domestic job levels. It includes the protection of high end domestic jobs purposely to retain the best professional and technical expertise (World Bank, 2011). Furthermore, it prevents an influx of foreign-experts who may not comprehend the dynamics of the American economy in contrast to an American holder of such jobs. It is evident that the protection of high end domestic jobs presents more benefits to the American economy. These are attained through ensuring the best experts execute their jobs unhindered by concerns of job insecurities; hence increasing individual and overall productivity.

 

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