Outsourcing To India Boosting Usa's Per Capita Income

qwerty

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Sep 23, 2006
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As reports go, total software exports to USA is $20 billion. Honestly, US businesses must have saved $10 billion in those contracts. If they save $10 billion each year, and if each year's $10 billion savings earns 10% return, total benefit because of outsourcing may be $3 billion this year. That is, assuming USA has population of 300 million, outsourcing has added $10 additional incomes for US citizens this year. In next year it will be $20 according to calculations.Please comment
 

qwerty

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But they get jobs elsewhere. The unemployment rate remains the same any year.
 


Sushubh

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Oct 29, 2004
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umm is that so? give me some news reports on that. :) esp the ones which would prove that their new jobs are as well paying as the jobs which were outsourced. :D
 

max

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err? how much have that $10billion paid for unemployment benefits to thsoe jobless people? :p
 

netfreak

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Can't say about ITES, but as far as Application Development is concerned, US market is not too bad.I have been trying to hire 3 developers in NY for last few months to no avail :(. Any decent developer need not worry about effect of outsourcing on their job, at least not at the moment.Simply because India and rest of offshoring destinations command less then 5% of market in IT.
 


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