Why your college major doesn't always matter

September 23, 2017

Shortly before he died in 2011, Steve Jobs famously told President Obama that Apple would have located 200,000 iPhone manufacturing jobs in the United States, rather than China, if he could have found 8,700 qualified industrial engineers in the U.S. This exchange and others like it led to a widespread belief that American technology education was in crisis and that the U.S. was hemorrhaging jobs because our students couldn’t or wouldn’t do the hard math.

That claim was nonsense, says Hal Salzman, a public policy professor at Rutgers University in New Jersey.

To demonstrate that Apple would not have brought those jobs stateside, Salzman calculated the average wages of electronics production line workers in the U.S. at $42,000 compared to the average in China of $4,800. If Apple had relocated all those jobs to the U.S., he concluded, the company would have lost $26 billion a year in profits, slightly more than it earned in 2011 when the comment was made.

If Salzman is right, then even if qualified engineers had been standing on Palo Alto street corners holding “will work for food signs,” Apple would not and could not have made that shift.

Deseret News, September 23, 2017

Recent Posts

Research: Powering Bikeshare in New York City

Powering bikeshare in New York City: does the usage of e-bikes differ from regular bikes? Abstract In this study, we investigate the difference between shared electric bicycles (e-bikes) and conventional shared bikes operated by Citi Bike in New York City. We examine...

The Biggest Barrier to a Vibrant Second-Hand EV Market? Price

New policies and broader subsides are needed to help lower-income buyers afford used electric vehicles, according to a Rutgers study As early adopters of electric vehicles (EVs) trade up for the latest models, the used EV market is beginning to mature in the United...

New Paper on Affordable Rental Housing by NJSOARH

Local Landscapes of Assisted Housing: Reconciling Layered and Imprecise Administrative Data for Research Purposes The New Jersey State of Affordable Housing (NJSOARH) project seeks to understand the state of rental housing affordable to low-income and very low-income...

NJSPL – Extreme Heat, Coastal Flooding, and Health Disparities

Extreme Heat, Coastal Flooding, and Health Disparities: Climate Change Impacts on Older Adults in New Jersey By Josephine O’Grady New Jersey is facing a myriad of climate challenges, including extreme heat, heavy precipitation, coastal flooding, and more natural...

New Paper on Foreclosure Crisis by Prof. Eric Seymour

Prof. Eric Seymour co-authors Judged by Their Deeds: Outcomes for Properties Acquired by Contract Sellers Following the Foreclosure Crisis in Detroit Abstract Prior research has documented the reemergence of predatory land contracts in majority-Black neighborhoods in...

Upcoming Events

Bloustein Honors Research Program Poster Session

Bloustein School, Civic Square Building 33 Livingston Avenue, New Brunswick, NJ, United States

The members of the 2023-24 Bloustein Honors Research Program cohort will be presenting their individual research projects in two formats.

Korea Development Institute Policy Paper Presentations

Bloustein School, Civic Square Building 33 Livingston Avenue, New Brunswick, NJ, United States

All members of the Bloustein community are invited to the final presentation of policy papers by our Korea Development Institute students. Faculty, staff, and students are all welcome to attend.  Light […]