Outsourcing Jobs to Foreign Countries
The American middle class is in danger of becoming defunct by the outsourcing of jobs to foreign countries. Jobs that Americans once considered stable long-term employment are now being outsourced at a rising rate. If this trend continues, America could be the next third world country. How has this happened? What can the average American do about it?
Outsourcing is not a new concept. As early as the 1900’s the U S Government was outsourcing jobs to the private sector to help cut costs to tax payers. Over the years, this practice was found to boost the economy by creating new jobs and keeping the unemployment rates low. According to the Bureau of Labor Statistics, the unemployment rate in 1944 was only 1.4 percent. Business was growing strong and so was the economy. In the 1970’s and early 1980’s, with operating costs rising, business began looking to outsourcing to save millions of dollars. Hundreds of thousands of jobs in the......

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Title: Outsourcing Jobs
Approximate Word Count: 1234
Approximate Pages: 5 (250 words per double-spaced page)

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