Zeev's Turnips Patch-No Politics (ZEEV)

[JeffGuy]

MH, more on what we discussing a couple of days ago regarding jobs not returning to the US economy.

>"Technology jobs are following a path well-trodden by the manufacturing industry, which sent millions of jobs offshore or simply eliminated them in the past 30 years, contributing to a drop in the average wages of low-skill workers. Technology professionals will face the same kind of wage drop, and the work could go offshore much faster than manufacturing did, according to Matthew Slaughter, Dartmouth College's associate professor of business administration. "[IT work] will move faster because it's easier to ship work across phone lines and put consultants on airplanes than it is to ship bulky raw materials across borders and build factories and deal with tariffs and transportation." Indeed, by the end of 2004, research company Gartner estimates, one in 10 IT jobs at U.S. IT companies and one in 20 at non-IT companies will move offshore."

http://www.cio.com/archive/090103/backlash.html