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Wednesday, May 19, 2004

With all of the debate about outsourcing, not many people seem to consider this fact: the movement of jobs is not a one-way street. Consider that between New York, California, Florida, and Texas, there are nearly 2,000,000 jobs from foreign companies. According to the Organization for International Investment:

"Over the last 15 years, total "insourced" jobs grew by 117% - at an annual rate of 7.8%; and total "outsourced" jobs grew by 56% - at an annual rate of 3.8%."

Yet, we don't often hear about the jobs being sent to America from abroad. It is dishonest to imply that America is losing X jobs due to outsourcing without acknowledging an opposing shift in jobs in the other direction. Yet, this being an election year, this should come as no surprise.

To see a map of America and the jobs insourced by state, click here.


.: posted by Dave 10:54 AM

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