**OUTSOURCING BY THE NUMBERS**

**Experts estimate up to half a million jobs have been outsourced over
the past three years.  **According to the investment firm Goldman Sachs,
between 300,000 to 500,000 jobs have been sent overseas in the past
three years; and *Business Week* estimated that 400,000 to 500,000 jobs
went offshore during the same time period. \[Center for American
Progress, "Offshoring by the Numbers."\]

** **

**830,000 jobs to be outsourced next year, as many as 6 million by
2015.** According to Forrester Research, 830,000 US jobs will be
outsourced in 2005 -- a 40 percent increase compared to its last
projection in November 2002.  By 2015, Forrester estimates that 3.3
million service jobs will be sent offshore. A study by Goldman Sachs
concluded that as many as 6 million jobs might be sent to other nations
by American companies. The loss of these jobs will result in the loss of
more then \$150 billion annually in wages. \[[Atlanta Journal and
Constitution]{.underline}, 5/18/04;
http://us.rediff.com/money/2004/jan/05bpo.htm\]

**2.7 million manufacturing jobs lost since the beginning of the Bush
Administration.** The Bush economy has had a devastating impact on the
nation's manufacturing sector, bringing U.S. manufacturing employment to
a 53-year low. Manufacturing has long been key to the strength of our
economy. In 2001, manufacturing workers' earnings were 23 percent
greater than those of workers in service sectors of the economy, yet
those jobs are being lost.

**American manufacturing jobs have been sent to China or Mexico.**
According to a recent study of \[auto\] parts suppliers by Roland
Berger, 133,000 jobs, or 16 percent of the labor pool, in the American
parts industry have disappeared over the past four years as parts
suppliers cut costs by improving productivity or shifting jobs to lower
cost countries such as China and Mexico.  By 2010, the same study
predicts a further 127,000 jobs, or 18 percent of the 707,000 remaining
will disappear or move overseas. \[WSJ, 6/10/04\]

**Over 200 textile plants closed since the beginning of the Bush
Administration.** The crisis in the U.S. textile industry continues as
imports from China and Vietnam in non-quota controlled categories jumped
by hundreds of percents while U.S. textile employment and shipments
continued to slump. \[http://www.atmi.org/TheTextileCrisis/index.asp\]

**American white collar jobs are also being sent overseas.** In the
\"computer\" category, 181,000 jobs will be moved offshore by the end of
2005, compared to 102,000 in 2003. This number will rise to 542,000 by
2015. Life sciences jobs being moved offshore will rise from 300 in
2003, to 4,000 in 2005 and 39,000 in 2015. In the \"office\" category,
146,000 jobs were moved offshore in 2003, a number expected to climb to
410,000 in 2005 and 1.6 million in 2015. \[IDG News Service 5/17/04\]

**State and local governments are outsourcing public projects.** A
recent study by INPUT Research, a market research firm in Reston, VA,
projects that outsourcing of state and local government technology
contracts will grow from \$10 billion last year to \$23 billion in 2008.
\[http://www.aflcio.org/aboutaflcio/ecouncil/ec03112004i.cfm\]

**Survey says 75 percent of businesses have or plan to outsource.**
According to a March 2004 survey of business leaders by the University
of Michigan, nearly 75 percent reported that they had or planned to
outsource jobs in 2004.  Nearly forty percent of businesses surveyed
said they had already sent manufacturing jobs abroad, and more then half
had sent service jobs to overseas workers. \[[Boston Globe]{.underline},
5/2/04\]

**A significant portion of jobs in several major industries is at
risk.** According to the University of California-Berkeley, 14 million
American jobs are at risk for being outsourced over the next ten years.
Jobs at risk include the accounting industry, business-process
outsourcing, information technology, strategy consulting, and asset
management, investment banking, commercial banking and retail banking.
\[Dobbs, [US News and World Report]{.underline}, 5/3/04\]

**Survey of financial services firms says \$356 billion worth of
operations sent overseas in next five years.** A survey by Deloitte
Research found that the world's 100 largest financial services firms
expect to shift \$356 billion worth of operations and about two million
jobs to low-wage countries over the next five years. The study also
revealed that one-third of all major financial institutions in the world
are already utilizing offshore outsourcing, with 75 percent reporting
that they would be doing so within the next 24 months.
\[http://www.aflcio.org/aboutaflcio/ecouncil/ec03112004i.cfm\]

 

**Over 85 percent of software companies have or plan to outsource.**
Gartner Inc., a high-tech forecasting firm, estimates that 10 percent of
computer services and software jobs will be moved overseas by the end of
this year. And according to a San Francisco investment and research
firm, Sand Hill Group, more then 85 percent of American software
companies have or plan to send work offshore this year. \[[Boston
Globe]{.underline}, 5/2/04\]

**Americans lag behind in math and science.** A 24 member federal
advisory board, the National Science Board, documented a \"troubling
decline\" in the training of U.S. scientists which could \"threaten the
economic welfare and security of our country.\" New American doctorates
in the sciences have fallen dramatically in the last decade, as have
other key indicators. The U.S. currently ranks 17^th^ in the share of
its 18 to 24 year olds earning natural science and engineering degrees,
down from 3^rd^ in 1975.

![](media/image1.wmf)Office of House Democratic Leader Nancy Pelosi,
June 16, 2004

[www.HouseDemocrats.gov](http://www.HouseDemocrats.gov/) /
[www.DemocraticLeader.house.gov](http://www.DemocraticLeader.house.gov/)

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