Recession Doesn't Stop High-Tech Job Outsourcing
Alan Tonelson
Thursday, August 20, 2009
U.S. LABOR FORCE TRENDS
U.S. total imports, Jan.-June, 2009: -26.17%
U.S. imports of Other Private Services,* Jan.-June, 2009: +1.03%
U.S. total imports, June, 2008-June, 2009: -55.12%
U.S. imports of Other Private Services, June, 2008-June, 2009: +0.75%
Unemployment rate for U.S. software engineers, 2d Quarter, 2009: 5.0 %
Unemployment rate for U.S. computer scientists and systems analysts, 2d Quarter, 2009: 6.4%
Unemployment rate for U.S. electrical engineers, 2d Quarter, 2009: 8.6%
*Census Bureau category containing information-technology services work
Sources: Calculated from AExhibit 4. U.S. Services by Major Category B Imports,@ FT 900, U.S. International Trade in Goods and Services Current Release: June, 2009, Foreign Trade Statistics, U.S. Bureau of the Census, August 12, 2009, http://www.census.gov/foreign trade/Press Release/current_press_release/exh4.pdf; employment data compiled by Bureau of Labor Statistics, U.S. Department of Labor and published by IEEE-USA
Alan Tonelson is a Research Fellow at the U.S. Business & Industry Educational Foundation and the author of The Race to the Bottom: Why a Worldwide Worker Surplus and Uncontrolled Free Trade are Sinking American Living Standards (Westview Press).