Impacts of Offshoring on Jobs & Small U.S. Manufacturers

Impacts of Offshoring on Jobs & Small U.S. Manufacturers
Format
Hardback
Publisher
Nova Science Publishers Inc
Country
United States
Published
25 May 2012
ISBN
9781608760640

Impacts of Offshoring on Jobs & Small U.S. Manufacturers

Offshoring, also known as offshore outsourcing, is the term now being used to describe a practice among companies located in the United States of contracting with businesses beyond U.S. borders to perform services that would otherwise have been provided by in-house employees in white-collar occupations. The term is equally applicable to U.S. firms offshoring the jobs of blue-collar workers on textile and auto assembly lines, for example, which has been taking place for decades. The extension of offshoring from U.S. manufacturers to service providers has heightened public policy concerns about the extent of job loss and foregone employment opportunities among U.S. workers. This concern is especially pertinent to policymakers because of a national unemployment rate persistently exceeding 9% despite the end of the latest recession. This book discusses the impacts of offshoring on jobs and small U.S. manufacturers.

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