The 2nd Wave of Job Offshoring

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Newsweek: International Editions – MSNBC.com:

It's not just manufacturing jobs:

“15 years after U.S. and European multinationals started shipping large numbers of manufacturing jobs overseas, experts are saying that the ‘second wave' of offshoring is at hand—and it promises to be bigger and more disruptive to the U.S. and European job markets than the first. In the years ahead, sizable numbers of skilled, reasonably well-educated middle-income workers in service-sector jobs long considered safe from foreign trade—accounting, law, financial and risk management, health care and information technology, to name a few—could be facing layoffs or serious wage pressure as developing nations perform increasingly sophisticated offshore work. The shift portends a dramatic realignment of wealth over the next couple of generations—valued by the U.S. consultancy McKinsey Co. at ‘hundreds of billions of dollars.'”

Can lean processes or “lean consumption” help save other jobs?

On this topic, I can't recommend this book strongly enough:

The World is Flat

Please check out my main blog page at www.leanblog.org

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