Monday, October 7, 2013

MANAGEMENT PROCESS - Job Migration & Side Effect of Globalization

Why is job migration considered to be a side effect of globalization? How is it being dealt with in the U.S.?

Answer: One controversial side effect to globalization is job migration, the shifting of jobs from one country to another. The U.S. economy has been a net loser to job migration while countries like China, India, and the Philippines are net gainers. Politicians and policymakers regularly debate the high costs of job migration as local workers lose jobs and their communities lose economic vitality. One side looks for new government policies to stop job migration and protect the jobs of U.S. workers. The other side calls for patience, believing that the national economy will strengthen and grow jobs in the long run as the global economy readjusts.

Source: Management, 11th Edition - John R. Schermerhorn

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