Changes

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 to foreign countries where labor rates are cheaper and there are fewer regulations.  This is also known as "outsourcing."  Many manufacturing jobs move from the United States to foreign countries in this manner.

== Possible effects of offshoring ==

== Possible effects of offshoring ==

Key battleground states for the [[2008 Presidential Election]] include Ohio, Pennsylvania and Wisconsin.

Key battleground states for the [[2008 Presidential Election]] included Ohio, Pennsylvania and Wisconsin.

Ohio lost 31,800 jobs in goods-producing industries between January 2006 and January 2007, including a loss of 21,900 jobs in manufacturing.<ref>http://jfs.ohio.gov/releases/unemp/200702/UnempPressRelease.asp</ref>  

Ohio lost 31,800 jobs in goods-producing industries between January 2006 and January 2007, including a loss of 21,900 jobs in manufacturing.<ref>http://jfs.ohio.gov/releases/unemp/200702/UnempPressRelease.asp</ref>  

All three states punished Republican candidates in the November 2006 elections.

All three states punished Republican candidates in the November 2006 elections.

== Experinces of Europe ==

== Experiences of Europe ==

Thanks to a large number of off shoring projects Europe has experienced a change in its entire economy, manufacturing has been largely moved to Asia but this has steadily been replaced by what is called "The knowledge based economy". Anti-Off shoring groups have hailed this as a catastrophe.  Though this has not been borne out by Employment figures or GDP calculations.   

Thanks to a large number of offshoring projects Europe has experienced a change in its entire economy: manufacturing has been largely moved to Asia, but this has steadily been replaced by what is called "the knowledge-based economy". Anti-offshoring groups have hailed this as a catastrophe, but this has not been borne out by unemployment figures or GDP calculations.   

It is important to note that there has been a strong backlash to this off shoring within the UK and some companies (National Westminster Bank (RBS), insurance firm Norwich Union, Aviva (Returning 150 out of 7000 jobs) and Powergen) reversing the decision within the UK.

It is important to note that there has been a strong backlash to this offshoring within the UK. Some British companies, including  National Westminster Bank, RBS, the insurance firm Norwich Union, Aviva (repatriating 150 out of 7000 jobs) and Powergen have reversed their decision to outsource labor.

[http://www.bcs.org/server.php?show=ConWebDoc.3960 BCS Site on Off shoring opportunities]

[http://www.bcs.org/server.php?show=ConWebDoc.3960 BCS Site on Off shoring opportunities]