To: sea_urchin who wrote (19166 ) 9/30/2003 3:00:03 PM From: sea_urchin Read Replies (2) | Respond to of 82019 > Economic recovery has nothing to do with people, nor with production. >>>Millions of U.S. jobs will be exported in the coming decade, forecasters say. Here are the jobs that are especially vulnerable, plus 5 that aren't.<<<moneycentral.msn.com >>>Though negligible when compared to the sheer numbers of job losses in manufacturing, the shifts by two technology companies are alarming for what they likely foretell: no less than the relocation of millions of high-end technology and service jobs from this country to less expensive foreign venues. In the process, there will be a redefining of what constitutes “safe” employment in America. It’s one thing to see a labor-intensive industry such as textile manufacturing shift to foreign soil, especially when the process has been going on for decades. It’s quite another thing to watch the United States lose jobs that require highly educated workers and the support of a sophisticated technological infrastructure. While current unemployment of about 6% isn't high by historical standards, there's no denying this trend toward job exportation. A study by Forrester Research predicts that U.S. companies will transfer 3.3 million service jobs overseas by 2015, compared with just 102,000 jobs shifted in 2000. Meanwhile, the payroll associated with those jobs will rise from $4 billion to more than $136 billion, according to Forrester projections. As the trend gathers steam, Forrester predicts, other and more sophisticated types of knowledge-based work also will be exported. The bottom line, says John Challenger, CEO of Challenger, Gray & Christmas, the Chicago-based outplacement firm: “It’s false to think the only jobs that could go overseas are low-skilled jobs that pay low wages.”<<<misleader.org >>>In the past 22 months just over one million Americans have lost their job. Added to the 1.78 million lost jobs during the seven-month recession, the period represents the largest sustained loss of jobs since the Great Depression.<<<