The Future Of Workforce During America

Over the past decade, many companies from North America have moved to foreign countries. This migration is known by many names – “runaway plants”, “outsourcing”, “global sourcing” and “offshoring” ("Outsourcing: What's the true impact? Counting jobs is only part of the answer."). According to Investopedia, outsourcing is “a practice used by different companies to reduce costs by transferring portions of work to outside suppliers rather than completing it internally” ("Outsourcing Definition | Investopedia"). Companies outsource primarily to cut cost. This mostly helps them to reduce their cost by 60 percent since labour in many Asian countries like China and India is very cheap. Even though offshoring is benefiting companies, it has negative

"Its been said that arguing against globalization (and many of the issues related to globalization) is like arguing against the laws of gravity." This statement comes from Kofi Annan, who won the Nobel Peace Prize in 2001 and also became the seventh secretary general of the United States (The Nobel Foundation, 2001). The quote introduces, in its broadest sense, the issue discussed in this paper. While the general idea of globalization is not our primary focus in this report, one of the most controversial subjects to arise out of the globalization phenomenon, offshore outsourcing, is of particular interest to us. Offshore outsourcing (hereafter used interchangeable with offshoring) has been around for some time now. The

lies at the heart of business in the modern world and plays an integral part

America is beginning the new trends of the future in different aspects of science and technology. These trends have globalized and more countries are making goods, the communication technology has been leveling, and capital is free to move wherever across the world. America is benefiting tremendously because of these trends. The economy has gotten billions of dollars and companies have spread across the globe. The United States, according to the World Economic Forum, is the most competitive economy in the world. The country ranks in the top ten in innovation, technologies, industry, and scientific research. American firms lead the world to produce more and profit.

In an article for the Washington Post, Steven Pearlstein (2012) explains how outsourcing and offshoring has been a part of American History since the late 1800s. Today, well known organizations like Nike, Apple and UPS are known for being a major part of the outsourcing trend. Pearlstein (2012) suggests that the catalyst for offshoring began in the in the late 1970s as the U.S. firms were forced to find cheaper, yet efficient ways to conduct business as foreign competitors had an immediate advantage. Since the wave of outsourcing and offshoring, it appears that while big businesses have been able to cut costs and increase profits and revenues, the United States economy has suffered as jobs are taken away from citizens. Katherine Peralta (2014)

offshore outsourcing is when you give jobs to other countries because wages are lower.foe example Nike and Jordan both use offshore outsourcing to make their products. one pro would be that it frees up time for more important task to be done.second it allows growth and development in other areas for the chance at making more money for the company. third due to the low wages in other countries it allows products to be more affordable.

As esteemed journalist Tom Piatak wisely puts it, “The trickle of outsourcing threatens to become a flood.” His words speak the truth as outsourcing has left United States’ workers jobless, and it continues to increase the unemployment rate every year. During February of 2009, American workers lost a record 651,000 jobs alone, increasing the unemployment rate to 8.1 percent, the highest it has been in 25 years (Katel). Multinational corporations, hoping to cut down costs and stay profitable in the market, outsource by exporting American jobs to third-world countries such as China and India. It may seem noble that outsourcing provides third-world countries with job opportunities, but the United States’ markets and industries are greatly

Furthermore, Kibbe’s article is vague, leaving out important information when citing industry research data: 6,700 jobs lost due to offshoring, as compared to 300,000 new unemployment claims. Based on these data-points, Kibbe’s article claims “offshoring represents only about 2% of the jobs lost” (para.32). The reader is unable to trust the

With the rapid growth of the American population and the greater demand for work, large urban areas developed throughout the U.S. landscape. Urbanization, as it is called, is the replacement of the rural areas with more urban ones. Urbanization has impacted human behavior and wildlife as well and most likely won’t be ending anytime soon as humanity continues to push into wildlife habitats. As relative keepers of the environment, humans need to understand the impacts of urbanization on the environment and ecosystem as a whole (Warren et al. 2006). These characteristics are exhibited in urban squirrel (Sciurus carolinensi) populations.

Outsourcing is controversial and often politically manipulated to make claims about job losses in the United States with little to no discussion on job creation from outsourcing by U.S. companies. However, outsourcing by U.S. companies provides benefits to foreign economies and to the U.S. economy. Foreign economies are boosted by demand for products by U.S. consumers, and the U.S. economy benefits as well. The U.S. economy engages in international trade and obtains needed goods at lower cost, which results in better returns on investment and more economically priced goods for U.S. citizens. Components produced through outsourcing and incorporated into larger products in the United States results in a demand for higher skilled jobs in the

The importance of an integral workforce within the United States’ economy came forth due to the influences brought forth by the might of industrialization. To ensure the integrity and productivity, companies across the United States adapted different techniques to promote stability within the workforce. Techniques, such as having a child workforce, encouraging low pay rates, and prolonged work hours, started to be questioned by the majority of the workforce. Controversy began to spark around the idea that companies were ensuring the stability of the workforce merely for profit gain. Workforces started to unionize in order to combat the foundations of the controversial techniques. Success came too with the passage of the Fair Labor Standard Act of 1938.

Gathering information about the extent of outsourcing is extremely difficult. The Department of Labor relies on employers to voluntarily report in surveys whether they have had any layoffs due to off shoring. Employers are understandably reluctant to be forthcoming with such information. The Brookings Institute held a Data Workshop to discuss problems gathering data on this topic. With the current surveying methods the potential magnitude in underestimating the import levels and overseas job displacement is significant was one conclusion of the workshop.

This paper bases its arguments on the benefits and some dangers associated with offshoring mostly in the IT sector in the U.S companies (Goloboy et. Al 209). It also explores the factors leading to offshoring of IT jobs to developing countries. A rough estimate of the jobs to be affected by offshore outsourcing and finally the state and civic legislation concerning this exercise (Goloboy et. Al 209).

Over the last century, the job industry in the United States has evolved from farming to manufacturing followed by manufacturing to service. It is interesting to note that the number of manufacturing jobs peaked in June 1979 and declined by 37% as of April 2015. Many of those jobs have been replaced by service and technology careers supported by an increased number of workers with degrees of higher education. Manufacturing jobs are also being outsourced to

Following the 2008 recession and a short period of declining demand, the outlook for outsourcing and off-shoring showed an increasing trend for the foreseeable future. As companies realign their strategies to better compete in the world stage, the projections indicate that this practice will grow over different dimensions including function, services and geographic locations (Deloitte, 2014).