Offshore outsourcing has again become a topic of growing national debate as economic recovery has elevated to the platforms of presidential candidates. But this time it is far less sensationalized than in 2004. It is true that American jobs have been lost to outsourcing because of globalization but it is also true that more US jobs are being created in the same process. The unemployment rate is under 5% and for college grads it is only 1.8%. Nonetheless, some presidential hopefuls are finding themselves pointing again towards offshoring as the demise of the American job market.
The first week of January 2008, Brown-Wilson Group’s Black Book Research Division, global surveyors of the outsourcing and offshoring economic pulse, collected and analyzed the 2008 influence of outsourcing.
Here is the link to the article, http://theblackbookofoutsourcing.com/docs/OutsourcingAndThe2008PrimaryElections.pdf
What is interesting is that over two thirds of Democrats believe that the President has the power to ban outsourcing in the US, and plan to cast their vote with that misconception in mind.
Outsource Strategies International (OSI) is an Oklahoma based medical outsourcing pioneer and leader with global presence.