Jobs And Economy

Is Outsourcing jobs Hurting The United States?

Most companies outsource to save money, such as lower wages. Many companies found that outsourcing jobs enabled them to pay lower wages to regular people rather than to pay high salaries to highly skilled workers. By outsourcing, the companies saved money by paying less to make their product, and still make the same profit. Many companies therefore are creating jobs overseas. This however affects the US economy greatly, as unemployment rates go up.