Abstract

US private sector experts are estimating that 15% of the 2.81m jobs lost in the American decline have reappeared overseas, with estimates suggesting that this has been enough to raise unemployment by around half a percent. Further, work sent abroad has moved from labour intensive manufacturing and call centre abilities to include skilled work such as aeronautical engineering, software design and stock analysis from China, Russia and India, with their educated workers, rapidly merging into the global labour market says a New York Times article. Visit www.three-fives.com for the latest advanced semiconductor industry news

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