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Title: Outsourcing Jobs

Essay Details

Subject: Business
Author:
Date: September 27, 2012
Level: University
Grade: A
Length: 5 / 1239
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

As early as the 1900’s the U S Government was outsourcing jobs to the private sector to help cut costs to tax payers. Over the years, this practice was found to boost the economy by creating new jobs and keeping the unemployment rates low. According to the Bureau of Labor Statistics, the unemployment rate in 1944 was only 1...

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According to the Bureau of Labor Statistics, the unemployment rate in 1944 was only 1.4 percent. Business was growing strong and so was the economy. In the 1970’s and early 1980’s, with operating costs rising, business began looking to outsourcing to save millions of dollars. Hundreds of thousands of jobs in the manufacturing sector were outsourced to third world countries...

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