US lost 4,633 jobs offshore in first quarter: Labor Department

[liveoaktx]

http://story.news.yahoo.com/news?tmpl=story&u=/afp/us_economy_outsourcing

Foreign outsourcing cost 4,633 US jobs in the first three months of 2004, the Labor Department (news - web sites) estimated in the first report on the politically sensitive topic.

This figure represented about 2.5 percent of the 182,456 non-seasonal jobs cut over the January-March period, the agency said.


Moving jobs within the United States accounted for 9,985 layoffs, or 5.5 percent of nonseasonal layoffs. Seventy-six percent of jobs moved were within the same company, although 36 percent of jobs moved overseas were with a different company.


The department's mass layoff data covers companies with more than 50 workers filing for unemployment benefits for a month or more. The figures do not count outsourcing at smaller companies or outsourcing that did not involve mass layoffs.

[daa]

1. These bogus figures

are as reliable as the unemployment numbers using the birth/death estimates the BLS cooked up last year to help chimpy get reelected. Just look for a job and you will see this is bullshit.

[lovedems]

2. I believe the Labor Department figures as much as I believe conservative

talk radio.

They are all full of shit, misinformation and fabricated numbers. The Labor Department should be ashamed of themselves but republicans have noooooooo shaaammmmeeeee!

[Lindacooks]

3. That seems incredibly low

eom