Outsourcing: Some Say It's Leveling Off

About half of Silicon Valley's outsourced jobs are winding up in India, Silicon Valley-area managers told a recent survey by a team of faculty at Santa Clara University's Leavey School of Business. The survey has tracked outsourcing by regional companies over the last three years, and registered a slight decline in the number of companies taking jobs out of Silicon Valley last month.

"Outsourcing as a drain on area jobs seems to have leveled off," Mario Belotti, the W.M. Keck professor of economics at the Leavey School of Business said in the survey. "This leveling off is consistent with the latest monthly increases in the county labor force and civilian employment. Recent gains in both of these economic variables have been somewhat higher than similar gains for the U.S. as a whole."

Comment: I hope they are right.

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