Manufacturing jobs have been moving overseas for years. Recently, the
trend of White Collar jobs doing the same has been accelerating. These include
software and circuit design jobs, but also include architecture jobs. (You don't have to be in Atlanta to understand the local building codes.)
Today, there is an article in the NYT about this issue, concerning IBM.
http://www.nytimes.com/2003/07/22/technology/22JOBS.html?pagewanted=all&position=
.
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I.B.M. Explores Shift of White-Collar Jobs Overseas
By STEVEN GREENHOUSE
With American corporations under increasing pressure to cut costs and build global supply networks, two senior I.B.M. officials told their corporate colleagues around the world in a recorded conference call that I.B.M. needed to accelerate its efforts to move white-collar, often high-paying, jobs overseas even though that might create a backlash among politicians and its own employees.
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http://www.nytimes.com/2003/07/22/technology/22JOBS.html?pagewanted=all&position=
Posted by lacey at July 22, 2003 03:48 PMOne week later, the NYT had another article on the phenomena of white collar jobs moving overseas.
It quotes economists as arguing against protectionist steps to prevent suhc job movement, and close to the end it reads:
"Still, to fill the jobs that will stay and proliferate in the United States, in fields like global coordination, sophisticated design, customization and consulting, Professor Richardson said, the skill level of the labor force will have to deepen.
"We're constantly racing up a skills ladder, and workers who have to climb the ladder often do have to attain some new and higher skills," he said. "It's true that it's a new class of workers who are threatened. But it's also true that those who manage to climb to the next higher rung are having more satisfying and more stable positions."
http://www.nytimes.com/2003/07/28/technology/28NECO.html
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Higher degree of education is important no doubt, but the view that education will address the issue might be sanguine. Is this not the recession that is hitting highly educated people in unusually high numbers?