Hiring Trends of U.S. Businesses: Jackson Library: Stanford GSB

Hot Topics: Hiring Trends of U.S. Businesses

What is happening to the U.S. job market? The following articles attempt to chronicle the economic impact of offshore outsourcing and other hiring trends on the U.S. economy and its workers.

Selected articles

Due to contractual arrangements, access to some articles may be restricted to the Stanford community, and subscribers of the "Library Databases" offered through the GSB Alumni's Lifelong Learning Program. Inclusion below does not imply University endorsement of the ideas expressed.

They're hiring in Techland. Business Week Online, Jan. 26, 2006
The tech job market has sprung back to life, and this year could be the best one since 2000.
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Made in India. Legal Affairs, May/June 2005
The market for outsourced legal work is expected to reach $163 billion by next year, and India is positioned to seize the largest share.
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No Longer the Lab of the World. Business Week, May 5, 2005
Reports on the number of chemical plants which are closing in the U.S. How capital investments are being herded away from the U.S towards the Middle East and Asia, where energy is cheaper and growth rates are faster; Number of chemical companies, in the U.S., that closed in 2004.
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India outsourcing firms report surge in hiring. Patrick Thibodeau. Computerworld Oct. 15, 2004
In quarterly reports released this week, three big India-based offshore outsourcing companies detailed sharp increases in employee head count, clear evidence of growing demand for offshore services. Analysts say this demand is increasing wages in India by double digits and raising the potential of rate increases for U.S. customers.
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Exploding the Myths of Offshoring. McKinsey Quarterly (Web Exclusive), July 2004
The debate over the offshoring of US business-processing jobs misses the mark. Any short-term disruption from job losses must be weighed against not only the much broader benefits to consumers and businesses but also the disastrous consequences of resisting change.
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Outsourcing Storm Benefits India; U.S. Debate Creates Buzz For High-Tech Bangalore; Accenture, Others Lured. Jay Solomon. Wall Street Journal, June 28, 2004
Many Indian and American executives say the U.S. criticism of outsourcing is generating important buzz for Indian technology companies, highlighting their low costs and expertise.
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The Outsourcing Bogeyman. Daniel W. Drezner. Foreign Affairs, May/June 2004
According to the election-year bluster of politicians and pundits, the outsourcing of American jobs to other countries has become a problem of epic proportion. Fortunately, this alarmism is misguided. Outsourcing actually brings far more benefits than costs, both now and in the long run.
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When execs go temp. Jyoti Thottam. Time, April 26, 2004
Examines how temporary-employment companies are driving much of the recent U.S. job growth. Why the preference for short-term workers now extends to the most highly skilled employees.
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Which types of jobs will be in demand? Researcher studies traits of professions that tend to stick around. John Shinal. San Francisco Chronicle, March 25, 2004
"What is the half-life of a job?" Spohrer asked, as he sat in his office in the IBM Almaden Research Center in San Jose.
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Laid-off workers solicit bids on eBay. Matt Marshall. San Jose Mercury News, March 26, 2004
Gus Grubba and his team of San Francisco software programmers lost their jobs to offshoring last month. Desperate for work, but finding nothing, they put themselves on the auction block Thursday. On eBay, of course.
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Offshore outsourcing in a increasingly competitive and rapidly changing world. AeA's Board of Directors, March 2004
This paper finds that offshore outsourcing is just one part of today's dramatically changing and increasingly competitive world. Therefore, offshore outsourcing cannot be viewed in isolation. The report acknowledges that although offshore outsourcing is exaggerated as the primary cause of lost jobs, the report does acknowledge that some people will be hurt.
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Looking Offshore. San Francisco Chronicle Staff, 2004
The Chronicle's Business section will be running a series of stories throughout the year on the offshoring of American jobs and what that means to us. By examining the forces driving workforce globalization, we intend to give readers a well-rounded view of an issue that will surely remain at the center of the political season but promises to resonate locally, nationally and globally far beyond November.
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Software. Stephen Baker. Business Week, March 1, 2004
Discusses the recent economic condition of the software industry. Effect of outsourcing by American corporations on the industry.
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Is your job going abroad. Jyotti Thottan. Time, Feb. 22, 2004
As the debate about exporting work from America dominates the presidential campaigns, voters need to separate myth from reality. A TIME guide to how we got here--and why short-term pain might translate into long-term gain.
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Firms get savvy about outsourcing. Nick Easen. CNN.com, Feb. 14, 2004
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Where your job is going. Justin Fox. Fortune, Nov. 24, 2003
Reports on the outsourcing of U.S., European and Japanese service jobs in India. Role of broadband in enabling companies to move service jobs abroad. Type of services performed by Indian workers, including answering calls, writing software, designing chips, processing mortgages and preparing tax forms.
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Commentary: outsourcing jobs: is it bad? Business Week, Aug. 25, 2003
An accelerating pace is raising concerns over its effects. Two BusinessWeek economists debate whether that's good or bad.
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Where the good jobs are going; forget sweatshops: U.S. companies are now shifting high-wage work overseas, especially to India. Jyoti Thottam. Time, Aug. 4, 2003
More and more of the jobs that are moving abroad today are highly skilled and highly paid--the type that U.S. workers assumed would always remain at home. Businesses are embracing offshore outsourcing in their drive to stay competitive, and almost any company, whether in manufacturing or services, can find some part of its work that can be done off site.
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More and more tech jobs moving overseas: consultant calls trend permanent, irreversible. Carrie Kirby. San Francisco Chronicle, July 30, 2003
A growing number of technology jobs could move overseas by the end of next year, according to a new report, accelerating a trend that could have major negative repercussions for the industry and U.S. workers in the long term.
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Jobs take trip abroad outsourcing: white-collar positions wind up in other nations, especially India. Scott Leith. The Atlanta Journal-Constitution, May 4, 2003
This increasing mobility of many jobs in IT, but also in areas like accounting and engineering, and less-skilled fields like call centers has grown into a mainstream trend. There's concern that tech jobs could make a shift akin to what happened when manufacturing jobs migrated to Mexico, China and Southeast Asia.
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The New global job shift, the next round of globalization is sending upscale jobs offshore. Pete Engardio, Aaron Bernstein, and Manjeet Kripalani. Business Week, Feb. 3, 2003
Discusses the loss of United States information technology and related technology jobs to foreign outsourced workers. Growth of these industries in India and other developing nations; Forecasts for this trend; Factors creating this trend, including digitization of information, high-speed global networks and cost of labor; Possibility that the U.S. may ultimately benefit from this trend by keeping prices low; Possibility that this may represent a negative aspect of globalization; Companies which use foreign outsourced labor.
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