Job Outsourcing T Persuasive Speech Outline -- Essay

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Job Outsourcing

T Persuasive Speech Outline -- Job Outsourcing

The Bureau of Labor Statistics, in March 2012, reported that the country's present unemployment rate is at 8.2% where 42.5% came from the long-term unemployed or those jobless for 27 weeks or more. This rate, although decreasing from March 2010's almost 10%, can still be seen as relatively high.

An issue being looked into in addressing unemployment is the outsourcing of jobs. The United States' 2005 monthly labor review defined it as the shifting of work formerly paid in-house by a company to another which could be located inside or outside the country. Offshoring, on the other hand, is the transfer of work from within to outside the U.S. Nevertheless, both describe the acquisition of service outside the country to decrease production costs.

President Barack Obama, as reported in the Economic Times, has repeatedly stressed for businesses to bring jobs back instead of sourcing them outside the U.S. He even added enticement by promising to incentivise companies that will create jobs here while offering no tax deduction to those that will still opt to outsource.

But what really is job outsourcing? How does it affect us? Dr. Paul Craig Roberts, Researcher and Writer aptly reported that:

"Trade implies reciprocity. It is a two-way street. There is no reciprocity in outsourcing, only the export of domestic jobs...if there are no given endowments because business know-how, capital and technology are globally mobile, the advantage lies with countries with untapped pools of educated and skilled low-wage labor.

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The advantage increases with the absence of...IRS, EPA, OSHA, EEOC and other regulatory bureaucracies..." (Roberts, March 7, 2003).

Dr. Roberts' explanation, certainly, is something to be concerned about especially when so many Americans are unemployed. Companies, although being able to save production and other costs, seem to be overlooking the fact that the U.S. will now teem with untapped equally skilled and capable workforce.

This workforce, although presented as mere numbers in reports, are still individuals and families who lost sources of living, shelter, education and security. Where then, can they turn to when their head earner loses his or her source of income? Although it is possible that savings and other financial sources could be accessed, without the assurance of speedy re-employment, wouldn't it be like pouring water into a broken pot?

But why do our companies have to outsource jobs? One good example was given by Michael Dell in the Economic Times. Dell, a top American CEO, was reported to be planning to continue expanding overseas despite calls for jobs creation in the country. He explained that:

"America has about 4% of the world's population. So, we have a desire to sell to 100% of the world's population. That means 96% of our customers are outside the United States. We say look we are going to go where the customers are. India is a huge market for us; growing fast,….....

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https://www.aceyourpaper.com/essays/job-outsourcing-t-persuasive-speech-outline-79531