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EE Times:
Former Fed official: One of four U.S. jobs headed overseas
George Leopold
EE Times
(06/12/2007 4:49 PM EDT)
WASHINGTON — Alan Blinder, former vice chairman of the Federal Reserve, told Congress Tuesday (June 12) that one out of four U.S. jobs are vulnerable to offshoring.
Blinder, now an economics professor at Princeton University, told the House Science and Technology Committee that American jobs in science, technology and engineering are most vulnerable to offshoring.
Blinder testified during a hearing on the offshoring of U.S. technology jobs. Committee Chairman Bart Gordon (D-Tenn.) last year successfully pressed the Bush administration to release a controversial 2004 Commerce Department report on offshoring. The report singled out chip design as one of the next U.S. technology sectors likely headed overseas.
LINK
Former Fed official: One of four U.S. jobs headed overseas
George Leopold
EE Times
(06/12/2007 4:49 PM EDT)
WASHINGTON — Alan Blinder, former vice chairman of the Federal Reserve, told Congress Tuesday (June 12) that one out of four U.S. jobs are vulnerable to offshoring.
Blinder, now an economics professor at Princeton University, told the House Science and Technology Committee that American jobs in science, technology and engineering are most vulnerable to offshoring.
Blinder testified during a hearing on the offshoring of U.S. technology jobs. Committee Chairman Bart Gordon (D-Tenn.) last year successfully pressed the Bush administration to release a controversial 2004 Commerce Department report on offshoring. The report singled out chip design as one of the next U.S. technology sectors likely headed overseas.
LINK