Written by John O’Donnell, Online Trading Academy
The Chart of the Week
This week we continue our discussion of outsourcing. Many cite manufacturing employment data as an example of how outsourcing has “stolen” jobs from the U.S. However the data indicate that employment has simply shifted to other sectors of the economy as manufacturing has gone from more than 30% of all employment in 1947 down to less than 9% today.
Discussion of outsourcing after the Read more >> jump.
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