U.S. Layoffs Not a Result of Offshoring, Data Show
U.S. Layoffs Not a Result of Offshoring, Data Show
A new study by the Labor Department says offshoring -- outsourcing U.S.-based jobs to lower-cost workers in other countries -- may not be responsible for as many layoffs as generally has been assumed. Only 2.5 percent of the jobs lost in the first quarter went overseas, the study says.