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Sometimes the effect of what looks like outsourcing from one side and insourcing from the other side can be unexpected; The New York Times reported in 2001 that "6.4 million Americans .. worked for foreign companies as of 2001, [but] more jobs are being outsourced than" [the reverse].
Evidence from Europe also supports such a job multiplier effect, showing local high-tech jobs could create five additional low-tech jobs. [136] Many economists pessimistic about technological unemployment accept that compensation effects did largely operate as the optimists claimed through most of the 19th and 20th century.
For decades, Americans watched helplessly as U.S. businesses outsourced, shipping good-paying jobs overseas. But now, the trend seems to be at least slowing a bit, as some employers are heeding ...
Job security is the probability that an individual will keep their job; a job with a high level of security is such that a person with the job would have a small chance of losing it. Many factors threaten job security: globalization, outsourcing, downsizing, recession, and new technology, to name a few.
New York officials on Friday defended the fact that a subcontractor hired to help the state’s overburdened unemployment system outsourced jobs to out-of-state workers, saying the vast majority ...
If there's one position that both presidential candidates can agree on, and it may be the only one, it's that outsourcing jobs overseas, or "offshoring," is absolutely terrible for American ...
The number of jobs lost to offshoring is less than 1 percent of the total US labor market. [49] The total number of jobs lost to offshoring, both manufacturing and technical represent only 4 percent of the total jobs lost in the US. Major reasons for cutting jobs are from contract completion and downsizing. [50]
The debate over job creation has dominated the political landscape of 2012. And with good cause, too, given the national unemployment rate of 8.1 percent. With so many out of work, it's maddening ...