Stop Offshoring
Wednesday, July 26, 2006
According to a news story I read and also heard on the the radio, earnings for American workers with four-year degrees fell 5.2% between 2000 and 2004 when adjusted for inflation. One of the factors blamed for the wage stagnation was, of course, offshoring.
Off-shoring, which has shifted manufacturing and call-center jobs to Mexico and India, is increasingly affecting the white-collar sectors of engineering and software design. Companies have continued their long effort to replace salaried positions with low-paid, nonsalaried jobs, including part-time and freelance positions without benefits.
As the owner of a post-graduate degree, I've also felt the wage effects of offshoring. Although there are more job openings nowadays, my salary has actually decreased slightly from 2000, and when adjusted for inflation, it has fallen even more. :-(
Comments:
Post a Comment
