Outsourcing Harm to America - Assignment Example

The unemployment rate is averaging 9.3% in today's market, compared to 5.8% in 2008 and 4.6% in 2007. Since 1986 fifteen million high paying jobs have left the United States and American workers. “Some industry watchers believe as many as 200,000 service jobs could be lost each year for the next eleven years (Cook, Nyhan). According to the data (1999-2009) given by the bureau of labor statistics, United States -- there has been an increase in job loss in the private sector in the last 10 years ("Bureau of labor," 2010).

Corporate America is sending jobs oversees so that their companies can save money, not thinking of the impact it has on us as individuals, and our families. Outsourcing is a chain reaction; the more products we outsource, the more factories that are being shut down in American, meaning more American job loss, and the rise of the unemployment rate Jobs are disappearing, wages are falling below inflation, and it is stressful in the workplace because at any moment one's job could be moved. overseas.

It is killing the American worker's faith in their employers and putting a toll on their psychological well-being. We as a nation need to stop buying imported goods and stop voting on bills that deregulate outsourcing. We need to realize we are the power, and we can make a difference. That, in turn, will be a step in the right direction. It is well known that the United States economy recovered from a mild recession in 2001; however, unemployment has risen from 4 % to 6% -- almost 50 percent increase.

Well, one thing that is not known widely is that jobs have also been created during this hard period not only in New York City, San Francisco or Michigan.