as off-shoring / outsourcing news proves every day. From online
tutors coaching American children to lawyers outsourcing legal
research / briefs for upcoming cases to India, it is a trend here
for the long-term. As most companies do business overseas, what
can be more natural than they employ people based in the country
of their business interests? Low wages, high tech communication
are just a few factors that provide enormous incentive to move
operations overseas.
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Criticism
against outsourcing / off-shoring is misplaced as the Global Insight
study reports. Rather than reducing US jobs, outsourcing / off-shoring
has helped lower costs and create jobs as a result of a more efficient
economy. According to the report, in the year 2003, 194,000 IT
and non-IT jobs were created largely due to outsourcing / off-shoring.
it is expected by 2008, that number may well exceed the 589,000
new jobs created mark.If outsourcing / off-shoring is generating
so many new jobs, and at the same time lowering costs, while making
the American economy function with smooth efficiency, why is there
so much breast-beating about lost jobs? Click
here for the rest.
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