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Labor Department Downplays Offshoring

Posted by michael on from the if-we-don't-see-it-it-isn't-happening dept.

twitter writes "The New York Times is reporting the US Labor Department's first assessment of International Offshoring. The report claims that less than 3% of Q1 2004 jobs were lost to offshoring. Companies were asked if workers had been replaced and taken at their word. A Federal Reserve governor is also quoted as dissmissive. Estimates by Goldman Sachs are 20 times higher. Despite Washington's IP fetish, no one quoted is worried about the export of US research and knowhow. Your job and 830,000 others are gone."

4 of 849 comments (clear)

  1. Frost pist by NDPTAL85 · · Score: -1, Offtopic

    I am the first post.

    The first post is me.

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    Mac OS X and Windows XP working side by side to fight back the night.
  2. I wonder... by Gothmolly · · Score: -1, Offtopic

    If this had been written up in the Wall Street Journal, and posted to a website where the median age of the readers was > 30, if the rabid trolling and flaming about "W" would still happen?

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    I want to delete my account but Slashdot doesn't allow it.
  3. REDUNDANT south park reference, you mean. by Anonymous Coward · · Score: -1, Offtopic

    Do you even both to read the comments?

  4. A vote for Nader is a vote for Bush by Anonymous Coward · · Score: -1, Offtopic

    You can thank Ralph for putting GW in office the last time, and he's working down the same road this time.