Wednesday, April 07, 2004

A good point... where are all the replacement jobs coming from?

Here's an interesting article.. quote...

There is little doubt that U.S. companies are reaping short- term benefits from offshoring," added Ron Hira, chair of IEEE- USA's Career & Workforce Policy Committee. "It's not as clear, however, whether the U.S. economy - especially at a time of little or no job creation -- benefits from it. Positive net benefits depend on re-employing displaced workers in equal or better jobs, which is not occurring right now, despite economists' predictions.

http://releases.usnewswire.com/GetRelease.asp?id=160-03302004

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