Source: The Heritage Foundation [Free Republic]
- Forrester Research estimates 3.5 million outsourced jobs between 2000 and 2015. (Forrester Research)
- Over the past decade, 7.71 million jobs, on average, are lost every quarter as part of the normal flux of the economy. Forrester’s estimate would account for less than one percent of the jobs lost each quarter, on average. (Source: Department of Labor, Business Employment Dynamics Data Series; Forrester Research)
- Today, more than 5.4 million jobs in America are the result of insourcing—that is, they have been outsourced from abroad into the United States. (Source: Organization for International Investment)
- Annually, these insourced jobs account for $307 billion in wages and salaries. (Source: Organization for International Investment)
- Insourced jobs pay, on average, 19.1 percent more than the average job in the United States. (Source: Organization for International Investment)
- In the first quarter of 2004, just 4,633 workers were laid off as a result of offshore outsourcing due to mass layoffs—about 2 percent of total mass job layoffs. (Bureau of Labor Statistics, “Extended Mass Layoffs Associated With Domestic and Overseas Relocations”)
- In terms of the industries affected and positions potentially at risk, the use of outsourcing has changed little over the past five years. In other words, this is no rapidly accelerating trend. (Source: Government Accountability Office, “International Trade: Current Government Data Provide Limited Insight into Offshoring of Services”)
- The United States exports more business, technical, and professional services than it imports (and offshore outsourcing of service work is synonymous with importing those services). In 2003, the trade surplus for these services was $27.0 billion. (Source: Bureau of Economic Analysis, “Survey of Current Business”)
"In the first quarter of 2004, just 4,633 workers were laid off as a result of offshore outsourcing due to mass layoffs—about 2 percent of total mass job layoffs."
Yes, it's only 2% of the total but it's concentrated very heavily in just a few areas. That makes the impact more severe than if it were spread out across all areas.