Unemployment Extension: Outsourcing Employment Kills Economic Recovery

By Ashley Jones on August 28, 2010, 11:32 am Posted in Finance News

This will be a jobless recovery, even though the recovery is not yet evident or certain. Employment is being killed by the companies who are Outsourcing. In addition, the In-sourcing of gardening jobs and construction on new homes by undocumented workers is the other side of the coin. However, there is a bright spot. If you know Chinese and are willing to work for slave labor wages, there could be a job for you…in China.

Outsourced Jobs

Part of the blame for the Outsourced jobs lies with the unions, namely the UAW or United Auto Workers. They have destroyed the car industry along with inept management. They demanded money for not doing any work and now the foreign companies both in the U.S. and abroad are making the cars. American cars cost more, in order to pay for union benefits.

This along with the greed of businesses for extra profit have led to the Outsourcing of jobs which continues to grow. The companies are used to high profits with less American workers. You can be sure unemployment will drop in China but not here.

No Job Is Secure

There is no job that is secure. Banking has been Outsourced as well as large segments of accounting and customer relations. In India they speak English and can take care of your banking as well as your income tax returns. We no longer need many accountants here.

 

At one time a janitor job was assured. But now undocumented workers can come in, and that job can also be lost. Save a few dollars for the coming hard times. Perhaps, you might want to get some gold and silver and protect it with weaponry. If you are looking for a silver lining, look to those who get paid to tout the coming good times.

Related posts:

1. Economic Recovery And Unemployment: The Recovery Act Did Work
2. Unemployment And The Economy: Are There Reasons To Look Up
3. No Bush Tax Cuts, Maybe Payroll Tax Holiday For In-sourcing
4. Unemployment And Economics: Outsourcing Bill Killed In The Senate
5. Tier V Unemployment Extension: They Don’t Care About America