POL 1102 Study Guide - Final Guide: Slavery, List Of Countries By Military Expenditures, Small Arms And Light Weapons
14 Apr 2014
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Shift of jobs toward developing nations may look like a race to the bottom a spiraling downward of wages as companies seek ever-cheaper labour markets. Areas of business: manufacturing, office support (call centers), debt chasing, accounting, it sector. Most it work can be outsourced, since bush 2. 67 million jobs were lost. According to forrester; 3m jobs lost since 2000, service jobs moving overseas monthly. Goldman sachs estimates professional services and information sector jobs moved overseas, accounting for half the total net job loss in the sector. Deloitte research survey found one third of all major financial institutions send their work offshore, and are currently doing so for the 75% more in the next. In one month 30,000 new jobs from us firms in india, not counting rest of countries. Us economy is growing and creating jobs but these jobs have moved overseas where foreigners will work for a lot less prof raynor (ny state u)
