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Reply #3: I'm not that pessismistic [View All]

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Home » Discuss » Topic Forums » Economy Donate to DU
angryfirelord Donating Member (248 posts) Send PM | Profile | Ignore Mon Jan-25-10 09:58 AM
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3. I'm not that pessismistic
If we assumed a fixed model of the world, then that would be true. However, I see three big issues that may bring an opportunity to get jobs back:

-The retiring baby boomers, which will certainly begin depleting the work force. It was supposed to happen last year, but the recession got in the way.
-The rising wages. What was once cheap to outsource is now getting more expensive as market forces push up wages.
-The cost of outsourcing. One of these that is being impacted overseas is IT.

http://www.cio.com/article/29654/The_Hidden_Costs_of_Offshore_Outsourcing
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