81. Offshoring, Import Competition, and the Jobless Recovery
- Author:
- Charles L. Schultze
- Publication Date:
- 08-2004
- Content Type:
- Policy Brief
- Institution:
- The Brookings Institution
- Abstract:
- Until the end of 2003, the United States had been experiencing a “jobless” recovery, with employment stagnating at levels well below those in 2000. A widespread perception has arisen that a major culprit behind the dearth of jobs was the growing practice of U.S. firms to relocate part of their domestic operations to lower-wage countries abroad. “Offshoring” presumably caused a reduction in U.S. output and a corresponding loss of jobs.
- Topic:
- Economics, Government, and Human Welfare
- Political Geography:
- United States