Offshoring is the movement of jobs by businesses offshore to foreign countries where labor rates are cheaper and there are fewer regulations. This is also known as "outsourcing" when the destination is offshore. Many manufacturing jobs move from the United States to foreign countries in this manner. | Offshoring is the movement of jobs by businesses offshore to foreign countries where labor rates are cheaper and there are fewer regulations. This is also known as "outsourcing" when the destination is offshore. Many manufacturing jobs move from the United States to foreign countries in this manner. |