Thursday, May 2, 2019

Outsourcing American Jobs to Foreign Countries Case Study

Outsourcing American Jobs to international Countries - Case Study ExampleLikewise, this same report indicates the unemployment rate has hit an all-time low at 5.6 percent. This information is supported by another report produced by the Labor Department (2006) indicating that American has scarcely wooly-minded an average of 7.71 million jobs every quarter. Based on this information, Forrester Research has estimated that the worst case scenario would start out America losing approximately 3.3 million dish jobs in the period from 2000 to 2015. Calculating the math, these figures show an average of 55,000 jobs lost to outsourcing each quarter, which only comprises approximately 0.71 percent of all available jobs in America. Some people come up it is our own fault jobs are going overseas as consumers continue to demand lower cost even though many of them also complain about the results of this demand, such as having to deal with extraneous call centers. Jill Insley of the Observer C ash Pages reports, Insurers consistently argue they have to take advantage of the cheap besides skilled workforces in countries such as India to produce the low premiums and competitive interest rates customers demand. In addition, there has been some skepticism as to whether these cost-saving measures, such as foreign call centers, actually represent into true savings. Citing research conducted for Aviva, Insley indicated only 28 per cent of the respondents to a survey felt lower be due to foreign call centers would lead to lower premiums for American consumers while a majority of respondents indicated that service provided was not up to the standards expected.

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