Shifting jobs overseas, with outsourcing.

Essay by calsouthpoleUniversity, Master'sB+, February 2007

download word file, 2 pages 0.0

Americans have been discussing the issue of exporting of jobs since 1992 when American jobs moved to Mexico because of the North American Free Trade Agreement.

Today, the U. S. corporations are continuing to exporting jobs in China, India, States of South America, North Africa, and East Europe.

Many American cities have been landlord's markets for long time renting and selling office space to corporation for good price. This city strategy resulted in the increasing "offshoring aand outsourcing". The 2006 report of one real estate corporation claims that millions of square feet of U. S. office space were not used during year leading to "$1.2 billion in annual rent losses for real estate corporations. Explanation of that phenomenon could be found in the fact of the offshoring of white-collar jobs. Results of research shows that is not offshoring, at least 54 million square feet could be filled.

A prediction for future is that "number of white-collar jobs moving offshore will rise more rapidly".

Offshoring became a political hot issue but information about corporate activities and their spending still difficult to track. Many offices located in the big store boxes; spaces if owned by company still separately incorporated ..., many different tricks. Some argue that offshoring not just bad for U. S. real estate market but also good because finally all offshoring issue has interest rates paid by property owners and "lowered cost of occupancy".

As I had mentioned above, Central and Eastern European countries now "named as likely sources for workers of American corporations. These countries have highly educated citizens with knowledge of multiple languages and advanced degrees in engineering, science, and different technologies. India and China found as an unlimited source and large pool of talented educated people. Latin America became more "prominent offshoring destination" because Spanish-speaking populations elsewhere...