U.S. loses jobs, blames India
A total of 3,333 jobs per year could get shifted to India from U.S. That makes one of every five jobs in software engineering and back end jobs (like data entry) in United States alone would move to India.
A report by the Brookings Institution—a Washington based research organization—says that as the hiring spree continues in India, almost 24 percent of technology jobs in US could move to the country by 2015. The study titled “The implications of Service offshoring for metropolitan economies” is a first of its kind attempt to examine how the offshore market will affect certain locations across the U.S.
Robert Atkinson and Howard Wial who authored the report pointed out that the off shoring jobs would modestly affect United States. However, some cities might feel the pain on a larger scale. The heart of Silicon Valley, San Jose, could witness a loss up to 4.3 percent of its jobs to offshoring by 2015.
Other cities vulnerable to the offshoring business are Boulder, Colorado; Lowell, Massachusetts; San Francisco and San Jose, California; and Stamford, Connecticut.
States like New York, Chicago, Philadelphia, and Los Angeles also could lose between 2.1 percent to 2.5 percent of their service jobs. Fourteen to seventeen percent of customer-service representatives’ jobs and insurance underwriters’ jobs from Northern part of New Jersey will move overseas as well.