Monday, May 17, 2004

OFFSHORE THING

Cambridge’s Forrester Research says the offshoring of jobs to lower-wage countries is accelerating -- 830,000 jobs gone by 2005, a 40 percent jump from its projections last year.

The jobs are no longer just technology related, but growing to include white-collar stuff: research and accounting and such.

But the long-term numbers haven’t changed significantly, the company points out. About 3.4 million jobs will be gone to India and such counties by 2016, rather than the 3.3 million it predicted in its last report.

That is a relief. Regardless, it may make sense to move to India, China, Brazil and whatnot to look for work after 2015. You won’t get paid as much as you would working in the states, but at least you’ll be working.

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