Outsourcing Jobs to Foreign Countries
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Title: Outsourcing Jobs to Foreign Countries

Essay Details:

Subject: Business
Author: Joanna A
Date: January 21, 2013
Level: University
Grade: A
Length: 5 / 1224

Essay text:

Outsourced jobs help poor underdeveloped countries by increasing the standard of living. Domestic monitoring of outsourced jobs is not performed leading to uncertainty on adjustments needed to absorb both the displaced workers and financial impact. A U.S. study (Brofenbrenner and Luce 2004) concludes that the Bureau of Labor Statistics reported 4,633 private sector workers in establishments with 50 or more employees lost their jobs due to global outsourcing from January to March 2004. Studies on media reports, find evidence of a minimum of 25,000 jobs lost over that period. Statistical analysis using data from outsourced jobs to foreign countries is component of understanding the impact on the domestic work force...

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