Why Are American Jobs Heading Overseas?
Many Americans fear that companies eliminating U.S. jobs and moving them to overseas locations is a permanent fixture of the modern economy. This trend, sometimes referred to as “offshoring,” has eliminated many American manufacturing jobs for decades. More recently, a growing number of so-called “white collar” jobs in information technology and other sectors once considered immune to this trend have relocated to India, China and other countries. Companies move jobs overseas for a variety of reasons, including labor costs and the quality of workers overseas.
