OECD, Jobs, Offshoring, Outsourcing
Per OECD: No evidence relating employment loss and offshoring
23 Mar 2006 | (News)
According to a study by the Organization for Economic Co-operation and Development (OECD), an association of 30 countries, there is no definite link between the decline of employment in the services sector and offshoring. The study is an empirical investigation into the effects of the offshoring phenomenon on employment and is based on occupational data from the OECD countries.
The study reveals that one in five jobs in the services business segment, which includes IT, finance and accounting, consulting, and R&D, could be affected as a result of offshoring. Further, the study found that the availability of offshore outsourcing services has stimulated the development of new business segments dependent on these services. The OECD claims that a bigger risk to employment in the services segment of its member countries is from IT standardization and automation.
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