Skip to main content

Home/ Group 6A/ Group items tagged jobs

Rss Feed Group items tagged

Thomas Klein

Why America slept on globalization | The Post and Courier - Charleston, South Carolina - 0 views

  • Globalization is nothing more than a trade war with production looking for a country cheaper to produce. And the war has expanded from trade to production, research, technology, techniques, jobs, payrolls -- the economy. Every nation struggles in the economy war to maintain and build its economy -- except the United States. In the Jan. 7 debate in New Hampshire, Gov. Jon Huntsman exclaimed: "We don't want to start a trade war." Japan started the trade war after World War II by closing its market, subsidizing its manufacture, selling its exports at cost, making up the profit in its closed market -- making Toyota No. 1 as General Motors went broke. In the same debate, Gov. Mitt Romney exclaimed: "We've got to stop China from stealing our jobs." China steals intellectual property -- not jobs. President Obama and Congress do the "stealing" by continuing the tax benefit to offshore jobs. Corporate America invests in China because there are no labor, safety or environmental concerns. If you make a profit, you pay no corporate tax unless profits are repatriated. Just reinvest for more profit. If not profitable, walk away with no legacy cost. Facing this kind of competition in globalization, the U.S. must develop an economy attractive to invest and protect the investment.
    • Thomas Klein
       
      Why we've slept on globalization
kayla Eubanks

What Is Outsourcing? - 2 views

    • kayla Eubanks
       
      Helpful for people to understand outsourcing and its capabilities.
  • Outsourcing is the act of one company contracting with another company to provide services that might otherwise be performed by in-house employees.
  • There are many reasons that companies outsource various jobs, but the most prominent advantage seems to be the fact that it often saves money.
  • ...3 more annotations...
  • Outsourcing also allows companies to focus on other business issues while having the details taken care of by outside experts. This means that a large amount of resources and attention, which might fall on the shoulders of management professionals, can be used for more important, broader issues within the company.
  • There are some drawbacks to outsourcing as well. One of these is that it often eliminates direct communication between a company and its clients.
  • Outsourcing is the act of one company contracting with another company to provide services that might otherwise be performed by in-house employees. Often the tasks that are outsourced could be performed by the company itself, but in many cases there are financial advantages that come from outsourcing. Many large companies now outsource jobs such as call center services, e-mail services, and payroll. These jobs are handled by separate companies that specialize in each service, and are often located overseas.Reasons to Outsource There are many reasons that companies outsource various jobs, but the most prominent advantage seems to be the fact that it often saves money. Many of the companies that provide outsourcing services are able to do the work for considerably less money, as they don't have to provide benefits to their workers and have fewer overhead expenses to worry about. Depending on location, it may also be more affordable to outsource to companies located in different countries.
    • Thomas Klein
       
      Outsourcing info
Thomas Klein

American Airlines Plans To Outsource Some Jobs « CBS Dallas / Fort Worth - 0 views

  • DALLAS (CBSDFW.COM) - Tens of thousands of American Airlines employees are on edge, waiting to find out if they will lose their jobs. The airline said Wednesday that it needs to cut 13,000 positions in order to survive, and the plan includes outsourcing some maintenance work. For years, American Airlines and its unions bragged that they were the only ones to still do most of their own maintenance. Nick Soldevere has been working as an aircraft maintenance crew chief at DFW International Airport. “We do pride ourselves on our maintenance work,” he said. But that pride has since turned to fear for Soldevere and thousands of his American Airlines co-workers. “Right now, the level of concern is very high.” After years of doing a majority of its jet maintenance in-house, American Airlines has proposed cutting 4,600 mechanics system-wide, including a complete closure of its heavy maintenance facility at Fort Worth’s Alliance Airport. The airline wants to outsource a portion of that work.
    • Thomas Klein
       
      Example of outsourcing
Raul Esteves

No tax breaks for outsourcing jobs: Barack Obama - The Times of India - 0 views

  • No company should get a tax break for outsourcing jobs. Instead, tax breaks should go to manufacturers who set up shop here at home. Bigger tax breaks should go to high-tech manufacturers who create the jobs of the future
  • The Indian IT sector, which gets 60 per cent of its export revenue from the US, has come out strongly against US moves to stop outsourcing.
  • "Meanwhile, America is more productive than ever. And companies like Boeing are realising that even when we can't make things cheaper than China, we can make things better. That's how we're going to compete globally," Obama said. Obama said Boeing's business right now is booming. Last year, orders for commercial aircraft rose by more than 50 per cent.
  •  
    For those who are in Government and Politics/currentnews
Raul Esteves

How Does Outsourcing Affect the U.S. Economy? - 0 views

  • Again, inability to find work means inability to purchase homes, spend money, and profit companies
  • greater desire to outsource to make things more cheaply so they will be more attractive to consumers.
  • Further, many argue that giving jobs to workers in less developed countries improves those countries economically and increases trade for US products.
  • ...4 more annotations...
  • There is another “side” to the issue of outsourcing that needs to be addressed. Not all people in other countries economically benefit from outsourced jobs, and some companies aren’t dedicated to providing humane working conditions. Outsourced work may be performed by children, or in inhumane working conditions. Abuses
  • of foreign employees might not benefit US trade or political relationships.
  • Outsourcing remains a difficult issue, but it does remain. Virtually no one, on any side of the argument concedes that outsourcing can be eliminated completely
  • corporations are evading taxes and depriving the government of needed money and suggest corporations should be taxed for outsourcing, and rewarded for keeping jobs within the US. Others feel the temporary loss of jobs will be followed by greater economic growth in the US and will ultimately be worth the cost.
  •  
    Overview on Subtopic
Thomas Klein

Negative Effects of Globalization - 0 views

  • In order to cut down costs, many firms in developed nations have outsourced their manufacturing and white-collar jobs to Third-World countries like India and China, where the cost of labor is low. The most prominent among these have been jobs in the customer service field as many developing nations have a large English-speaking population - ready to work at one-fifth of what someone in developed world may call 'low-pay'. This has caused a lot of resentment among the people of developed countries, and companies have been accused of taking their jobs away. Another problem is that many Americans are not satisfied with the level of customer service that they are subjected to, and this has caused a lot of animosity among people and has added to the dissent that people already have against outsourcing.
    • Thomas Klein
       
      One negative of globalization
kayla Eubanks

Outsourcing Has Reduced US Costs and Saved Many US Companies from Bankruptcy - 0 views

    • kayla Eubanks
       
      Explaining if outsourcing and globalization helps save money.
  • Outsourcing may have come in for a lot of flak from anti-outsourcing lobbies in the US, but the fact of the matter is that outsourcing has in fact been the one bailout option that has saved many US companies from going totally bankrupt.
  • That’s just above 200,000 jobs lost every year to global outsourcing, a trivial problem in the context of the normal churn of the U.S. economy, where about 7 million jobs were gained and lost in each of the previous four quarters”.
Raul Esteves

Can Globalization and Environmental Sustainability Co-exist? | DoItYourself.com - 0 views

  • This is purely theoretical, though. In practice, powerful nations can come to control less powerful ones through conquest, either economic or military. In the age of globalization
  • , labor has become the comparative advantage of less prosperous nations. This is one of the reasons why so many jobs that once belonged to Americans go to China and India, Vietnam and Mexico–their laborers will work for less.
  • environmental sustainability
  • ...1 more annotation...
  • industrial jobs have left the most developed nations is because of the environmental regulations their governments have imposed. In order to protect the environment, strict limitations are placed on pollution and waste
Thomas Klein

Outsourcing after-effects - Washington Times - 0 views

  • Prior to offshore outsourcing, U.S. employees were shielded against low-wage foreign labor. Americans worked with more capital and better technology, and their higher productivity protected their higher wages. Outsourcing forces Americans to “compete head-to-head with foreign workers” by “undermining U.S. workers’ primary competitive advantage over foreign workers: their physical presence in the U.S.” and “by providing those overseas workers with the same technologies.” The result is a lose-lose situation for American employees, American businesses and the U.S. government. Outsourcing has brought record unemployment in engineering fields and a major drop in university enrollments in technical and scientific disciplines. Even many of the remaining jobs are filled by lower-paid foreigners brought in on H-1b and L-1 visas. American employees are discharged after being forced to train their foreign replacements.
    • Thomas Klein
       
      Some effects of outsourcing
Raul Esteves

Does Globalization of the Scientific/Engineering Workforce Threaten U.S. Economic Leade... - 0 views

  • U.S. share of the world's science and engineering graduates is declining rapidly as European and Asian universities, particularly from China, have increased S&E degrees while US degree production has stagnated.
  • The job market has worsened
  • Populous low income countries such as China and India can compete with the US in high tech by having many S&E specialists although those workers are a small proportion of their work force
  • ...2 more annotations...
  • threatens to undo the "North-South" pattern of trade in which advanced countries dominate high tech while developing countries specialize in less skilled manufacturing.
  • the US will have to develop new labor market and R&D policies that build on existing str
Brian Muirhead

Bill to disclose outsourcing introduced - Lodi News-Sentinel: News - 0 views

  • bill they hope will reduce the number of jobs outsourced overseas.
  • outsourced overseas.
  • $1 billion or more to disclose the number of employees working domestically compared to those hired overseas
1 - 11 of 11
Showing 20 items per page