Outsourcing of US Jobs Essay Example | Topics and Well Written Essays - 1500 words

Outsourcing of US Jobs - Essay Exampleomotes efficiency and cost diminution so companies can maintain their competitiveness, sending American jobs overseas hurts America because our economy depends on jobs at all levels in order to continue functioning. The economy is suffering from this practice and it will continue to do so because Americans are forced to compete for jobs at pay levels well below the standard of living. The secondary winding problem with outsourcing is that companies can visit abuse on their employees and the workers have no way of protecting themselves. even some companies have found that outsourcing isnt as profitable as they had once thought it would be. When American businesses outsource, it seems that everyone loses.As Americans began to raise concerns about job losses, major companies gave their reassurances that this was only happening to the low-end jobs. This would weed out the overturn end, highly repetitive and un practiced labor, leaving better jobs f or Americans to fill. These early rounds of globalization cost millions of U.S. jobs, but mingled experts assured Americans that this should not be a major concern because these were blue collar rust whack jobs. Old technology, they claimed. Manufacturing is pass. The U.S. would enter the new global economy with the new technology. Information, services, cutting-edge research and emergencethese would be the clean, high-paying jobs that would keep America on top. (Jasper, 2006) This promise has been revealed to be an empty one as Americans read more jobs leave the United States as outsourcers move up the ladder to target higher skilled jobs such as engineering, medicine and legal research. Between 2003 and 2008 financial service companies have moved more or less 500,000 American jobs overseas. Seen in the chart below are the companies with the highest numbers of outsourced workers overseas. These 10 companies alone are answerable for outsourcing nearly 200,000 jobs. These certai nly arent the only companies