Date of Defense

4-28-2006

Department

Finance and Commercial Law

First Advisor

Dr. Michael McCardle

Second Advisor

Dr. Zahir Quraeshi

Third Advisor

Dr. David Flanagan

Abstract

The outsourcing of jobs from US manufacturers to facilities overseas has resulted in increased media scrutiny. It is not uncommon for news headlines to lament the number of jobs being lost due to outsourcing. According to the US Bureau of Vital Statistics, as reported in the August 2003 edition of CIO magazine, more than 500,000 people in Internet Technology (IT) professions in the United States have lost their jobs due to outsourcing. Overall, approximately 2.7 million jobs have been lost due to outsourcing practices since 2001 including all the IT jobs (Kelly 2004). These job losses have created major public outcries against outsourcing. While companies have moved manufacturing and white collar jobs to overseas markets such as China and India, outsourcing is not the only reason for the loss of jobs in the US. Other factors, such as an increase in manufacturing efficiencies, have caused companies to reduce their workforce.

Access Setting

Honors Thesis-Campus Only

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