I tell my kids if your job can be done with a keyboard, it can be sent anywhere in the world.
Bingo. JC has hit it on the head. Why pay someone (anyone) to sit in a cubicle in the USA, when they do the same for much less, off-shore? Answer is: They won't.
The up & coming hip/hop/flip/flop generation who is quite enamored with technology, has yet to get fully impacted by this....emphasis on yet. Unfortunately for them, it's going to hit them head on and they won't really connect-the-dots. The point being that tech-jobs that can be done remotely....can be (and will be) done remotely.
I was trying to impress this upon my nephew recently, asking if his HS still has wood or metal shop. Surprisingly they did. However, he said it was "off-track" or of lower-credit or lower points...something like that. I countered that life isn't all about GPA or points. That it was important for him to learn a skill...a valuable hands-on skill that he could develop and fall back on when need be. Unfortunately, his father isn't a tool user like I am. It's a different paradigm. He's at the mercy of paying someone else to fix whatever's broken. I'm not. I can fix anything.
There seems to be a lot of this mentality going around. This is what happens when hi-tech is valued more than hi-touch. The former is easily off-shored, hired-out. Tha later...not so much. When you need someone hands on, in-the-present to fix something or deal with someone or some issue, face-to-face. That's not easily replaced, nor off-shored. I'm also talking about the big-picture here. There are numerous land-mines and time-bombs just waiting to go off. A good deal of LIFE is learning to wisely navigate these.
No doubt some of the later 20-somethings are waking up to this fact. Their competition is not just the new grads, it's on the other continents as well. It would appear too many have been hearded into the same squeeze chute (college for all being one). What happens when you get a surplus? In addition, many are loaded with debt. How do you qualify for a house like that?