My AccountOrder Now
x

Request Call Back

writing-offer

Howdy!

Anything you’d like to know more about?

Hightlight
Start Chat

Trend of outsourcing from foreign countries In the USA and Its Effects on the National Economy

-Locate the statistics for employment in two foreign countries. How many workers were there in 1996? 2006? List the statistics for each country that you selected.

Canada and Australia are selected as foreign countries to locate their employment statistic. From 1996 to 2006, there is improvement in the employment statistics of Canada. As of 1996, there were 13338 annual employment rates in Canada which reached up to 16393 in the year of 2006. The statistical table of Canada’s employment is as followed: Experienced  write my essay are available online.

 

Year  Annual
199613338
199713637
199813973
199914331
200014681
200114866
200215223
200315586
200415861
200516080
200616393

 

In Australia, in the year of 1996 annual employment rate was 8364 which reached up to 10255 in the year of 2006. Employment statistical table of Australia is as followed:

 

Year  Annual
19968364
19978444
19988618
19998762
20008989
20019088
20029271
20039485
20049662
20059998
200610255

How does this affect the U.S. economy?

The United States of America, which has the largest economy in the world, has $14.3 trillion GDP in 2009, which is supposed to be as three times bigger than the size of the other largest economy. The American labor market is also attracted for immigrants from all over the world and its immigration rate is one of the highest in the world. Businesses in USA also consider outsourcing foreign countries because they are ready to do the work at lower price. Immigrants of foreign labor and trend of outsourcing foreign countries has led to low employment rate in USA. The employment rate of America from 1996 to 2006 shows low improvement in the local labor market, the statistical table of employment of USA is as followed: Get assignment service uk

 

Year  Annual
1996126708
1997129558
1998131463
1999133488
2000136891
2001136933
2002136485
2003137736
2004139252
2005141730
2006144427
 
 
 
Review posted and now it's pending for approval!Review posted and now it's pending for approval!