This paper takes a system dynamics perspective of the contemporary trend of “Offshoring Knowledge Worker jobs from USA” to gain a better and deeper understanding of the results and implications of the trend, its impact on the jobs and workforce dynamics. The results not only support the viewpoint of economists that offshoring is beneficial to the economy, but also highlight another impending phenomena just round the corner, namely the slow rate of growth of workforce. Net U.S. workforce growth is slowing because seventy-one million baby boomers are beginning to retire. In this context, model outputs suggest that offshoring is postponing the undesirable state of U.S. jobs outstripping the U.S. workforce by nearly five years. Thereby, policy-makers have longer to find effective solutions to tackle the impending shortage of workforce in decades to follow. The model suggests that offshoring could not have come at a better time for the US economy.

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Date created

• 2005 July 17-2005 July 21

Type

• Document

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• Processing documentation available at: https://wiki.albany.edu/display/SCA/Processing+Ingested+Digital+Files

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• Creative Commons BY-NC-ND Attribution-NonCommercial-NoDerivs 4.0 International

  
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cc5bb0ac12a5b68b26b1583548898dae

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3c582e6f5cf305ef0030c7471b499022

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23d738ba88f8333bc39725f9cb5bd0b8

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Collection

System Dynamic Society Records

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Collecting area

• This collection is part of the University Archives