markets and there are enough economic incentives to move production to
the U.S., the flow of global employment will run both ways," says an
article in Forbes. The author writes, "Some pundits and politicians
love to complain about how Americans lose their jobs because of
cheaper labor overseas. But many foreign companies create jobs for
Americans by investing and operating in the U.S."
Not many think of it this way, unfortunately. Many view outsourcing as
a one way street, when in fact it goes several different ways, truly
making this world a global village.
Another excerpt from this article says, "Even Indian
information-technology outsourcing companies are bringing operations
to the U.S. Despite its far-flung location, Applabs, a large
independent IT quality-assurance provider, has opened offices in
Philadelphia and Lindon, Utah.
How could America's workforce be as appealing to outsourcers as
India's? "Companies are already seeing in Bangalore, India, that there
is such a tight labor market that their wages have gone up
dramatically in the past couple of years," Heijmen says. A more
expensive labor market, compounded by the relative weakness of the
dollar, has made operating within the U.S. an increasingly attractive
option for foreign companies.
To be sure, American companies continue to offshore all manner of
duties to other nations around the world. But experts say its
converse, foreign hiring of American workers, won't cease anytime
soon."
Read the full article at --
http://www.forbes.com/opinions/2008/05/25/foreign-labor-auto-oped-cx_jhb_outsourcing08_0529america.html
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