Jobs rising, but outsourcing threat remains

The emergence of India and China as major sources of services and manufactured goods for developed countries has been much debated on. As explained in my article US job losses not that surprising, outsourcing has been a drag on job creation.

Recently, the economic recovery may be helping developed countries create jobs again, but the threat posed by outsourcing remains just around the corner. That is essentially the thrust of my article Outsourcing will continue to be a threat to jobs. And it's not just in the US. Singapore also faces the same problem, as elaborated in Singapore faces lower standard of living.

(see also Thinking About Outsourcing and Brad Delong On Outsourcing: A Commentary)