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To: stockman_scott who wrote (30791)	11/6/2006 12:20:51 AM
From: Lizzie Tudor	Respond to of 57684

what a bunch of BS. I wonder if these clowns work at Mackenzie, the same people who "advised" Dell to offshore their business away. The productivity improvements early in this decade were only a result of offshoring jobs away leaving the executives and managers with all that "productivity" <wink wink>. As someone who works wiht offshore ops all the time I am confident this model is less productive. But the BLS doesn't count offshore programmers, and they act like we did all that here, in the US. Now, with the dollar crash and the poor quality of the offshore labor pool relative to the promises, companies here are finally scaling back with offshoring and hiring. The fact that nobody who writes about this in the business rags seems to really understand it is a little scary. Businesses are not more efficient than in the 90s. Three years ago, people were justifiably complaining about a jobless or even "job-loss" recovery. The expansion of payrolls after the 2001 recession was agonizingly slow. The problem was that although output was expanding, workers were getting much more productive. Because each worker was doing more, the workforce didn't need to grow. AHAHHAHA Eventually, of course, job growth perked up. Now we're in almost the opposite situation, as seen in two reports this week from the Bureau of Labor Statistics. Job growth is reasonably strong, pay is rising, and productivity growth is nonexistent, according to the BLS.