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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: C.N.S. who wrote (19956)	3/24/2004 1:24:54 AM
From: Lizzie Tudor	Read Replies (2) \| Respond to of 57684

thanks, is that the same article that is on the cover of Harpers do you know? Looks like it. another negative article One Giant Global Labor Pool? WORSE OUTLOOK. That's why the spread of global labor competition to the top of the skill ladder could be so significant. The ability of U.S. companies to find architects, engineers, programmers, and financial analysts in places like India for a fraction of what they cost at home almost certainly will create a dampening effect, sooner or later, on the pay of the 80% of U.S. employees who until now have been unaffected by such global job competition. "White-collar offshoring will make the wage outlook worse for high-skilled Americans, no question," says Brookings Institution economist William T. Dickens. biz.yahoo.com