U.S. jobs continue to flow overseas

[n2doc]

Chinese workers answer customer queries at a Hewlett-Packard Co. call center in Dalian in Liaoning province. In addition to their existing offshore operations, HP is laying off human resources employees in California and nine other states and transferring their functions to Panama. (Associated Press / October 6, 2010)

By Don Lee, Los Angeles Times
October 6, 2010

Though some American firms are bringing overseas work back home, evidence is growing that companies are moving more jobs than ever to China and other countries — a trend that could exacerbate efforts to bring down the nation's stubbornly high unemployment rate.


One sign of increased offshoring is the rising number of applications for federal Trade Adjustment Assistance, which usually goes to factory workers who lost their jobs because their work was sent overseas or was undercut by cheaper imports.
For the six months that ended Sept. 30, workers at about 1,200 offices and plants nationwide were approved for federal Trade Adjustment Assistance. That's about 20% more approvals than in the same six-month period last year, according to the U.S. Labor Department.

In addition, the most recent Commerce Department data show that employment at the foreign subsidiaries and affiliates of U.S. multinational firms grew by 729,000 in two years, to 11.9 million in 2008 from 2006. Over that same period, domestic employment by such firms slipped by 500,000 jobs, to 21.1 million.

"The paradigm has shifted," said John Challenger, chief executive of outplacement and consulting firm Challenger, Gray & Christmas. "Most companies see the next phase or era of growth as global.… That'll still create jobs here, just not on the scale when they were focusing on growth in the U.S."

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http://www.latimes.com/business/la-fi-jobs-offshoring-20101006,0,1485516.story

[Bonhomme Richard]

1. Question. Why should taxpayers be forced to pay half the cost...

of federal Trade Adjustment Assistance? If a company wants to move jobs out of the country they should pay the full amount. I guess the way they work it is that the Governments pays half the cost for training and assistance and the company pays half the cost, though I am sure that the company gets to write off it's half for tax purposes. Maybe if they had to pay the full amount some would just keep the jobs here.

[n2doc]

3. Why? Because the Corps bought enough congresscritters, that's why

They bought out enough of them to get the law passed. And to keep it from being overturned. They own the entirety of the Republican Party and a large number of Democrats. And until people get educated and pissed enough about this issue to throw enough of the bought pols out, nothing will change.

[TexasObserver]

2. They should lose all tax benefits associated with outsourcing.

[msongs]

4. lose all tax benefits....period, plus pay penalties nt

[HughMoran]

5. Try and execute the CEOs for treason

Simple solution.

[EnviroBat]

6. "Try" them?

Hell just take them out back behind the barn and paint the wall with these greedy bastards. I'm so fucking sick of this shit.