Is there truth in numbers? You be the judge
July 15, 2004 Finally, the government has provided some "official" numbers on U.S. work sent abroad. But how valuable are they? Proponents of offshoring say the latest Labor Department report proves that concerns about the practice are overblown. Others say the numbers vastly underestimate the trend, attributing the report to incomplete counts and government ineptitude. Read the story below and give us your take.
Report: Offshoring only one drain on tech jobs
By Ed Frauenheim
Staff Writer, CNET News.com
"Offshoring" shouldn't shoulder all the blame for job losses in the technology-heavy San Francisco Bay Area, according to a study released Thursday.
The shift of work to lower-wage countries is just one of a number of global forces affecting job creation and loss in the region, and efforts to prevent offshoring will not succeed, according to the report. The study was sponsored by community groups Joint Venture: Silicon Valley Network and the Bay Area Economic Forum, as well as the Stanford Project on Regions of Innovation and Entrepreneurship. Conducted by management consulting firm A.T. Kearney, 120 interviews, analysis of 9,000 job listings and other research went into the report.
Click here for full story
