(Via Slashdot) Paul Craig has an article up portraying globalization and outsourcing as being a form of class war in the U.S. From the article:
During the past five years (January 01 - January 06), the information sector of the U.S. economy lost 644,000 jobs, or 17.4 per cent of its work force. Computer systems design and related work lost 105,000 jobs, or 8.5 per cent of its work force. Clearly, jobs offshoring is not creating jobs in computers and information technology. Indeed, jobs offshoring is not even creating jobs in related fields.
While I am concerned about outsourcing, I can’t help but wonder if there’s a bit of abuse of statistics going on here.
You may recall that we started out the decade with a nasty downturn in the economy, including the bursting of the dot-com bubble.
How much of the job decline described was a result of the economic downturn, rather than other influences including outsourcing, I wonder.