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5 facts about overseas outsourcing

The ongoing national debate about the employment practices of U.S. companies and private equity firms abroad features two phrases that confuse rather than clarify the issues: offshoring and outsourcing. For most Americans, the phrases are interchangeable.

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2 comments on this story

1
1770 comments
Jul 18, 2012, 1:33 pm
-0 +0

Offshoring borders on treason, but outsourcing is bad, too. Often, when a firm outsources a job, it is performed not by a full-time employee who is fairly compensated with a good benefit package, but by an “independent contractor” who is typically otherwise unemployed and takes the contract work because there is noting else available. I know this because during my horribly long phase of unemployment (which happened to me when times were allegedly good), to keep eating I would take these outsourced tasks.

Who, while outsourcing doesn’t always export a job, I feel it should count toward the unemployment rate here because an outsourced job is rarely a stable, dependable job.

2
88 comments
Jul 18, 2012, 4:05 pm
-0 +1

Agree, Mr. Linden.  Not even unions and guilds can bargain in good faith, when industries threaten to pick up their toys and go somewhere else.  As much as I would like to believe that the rugged individual has total control over his/her own fate and success…I know it cannot be true, unless the government ensures a level playing field.  Unfortunately, to some degree, this requires enforcing “preferences.”  Which I think sucks…but then, reality often does suck.

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