The Era Of Offshoring American Jobs Is Ending

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		Home Tech Finance Markets Politics Strategy Entertainment Advertising Retail Sports Life Wednesday, April 3, 2013 The Era Of Offshoring American Jobs Is Ending One of the big economic stories that America is looking for forward to is the manufacturing renaissance. This is the idea that rising overseas labor costs and falling domestic energy costs will cause jobs and manufacturing capacity to return to the U.S. While we have yet to see significant evidence that this has actually begun, we at least know that the offshoring of jobs has decelerated and may have hit an inflection point. "The offshoring boom does appear to have largely run its course," writes Capital Economics' Paul Ashworth, pointing to the Bureau of Labor Statistics' data on mass layoffs. "Offshoring layoffs have fallen sharply relative to both total layoffs and layoffs due to relocations elsewhere within the US," he writes. "This would seem to confirm that offshoring has lost a lot of its appeal over the past couple of years." Read » Also On Money Game Today: Japan's Great Economic Experiment Starts In Just A Few Hours — Here's What You Need To Know The World's Largest Bitcoin Exchange Just Went Out For A Lot Of People Advertisement CHART OF THE DAY: Global Manufacturing Is Accelerating CHART OF THE DAY: It's A Mistake To Assume We're Due For A Stock Market Sell-Off CHART OF THE DAY: The Amount Of Cash Returned To Investors In Buybacks Is Too Large To Be Ignored Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: dwyld.kwu.jobhuntportal11@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Money Game RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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