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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Bill who wrote (515157)12/23/2003 7:46:33 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 769667
 
more unemployment next year- more negative job creation months with high GDP.

U.S. Companies Moving More Jobs Overseas

Morgan Stanley estimates the number of U.S. jobs outsourced to India will double to about 150,000 in the next three years. Analysts predict as many as two million U.S. white-collar jobs such as programmers, software engineers and applications designers will shift to low cost centers by 2014.

But the biggest companies looking to "offshoring" to cut costs, such as Microsoft Corp. (NasdaqNM:MSFT - News), International Business Machines Corp. (NYSE:IBM - News) and AT&T Wireless (NYSE:AWE - News), are reluctant to attract attention for political reasons, observers said this week.

biz.yahoo.com