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Chamber of Commerce Head Slams Offshoring Critics Print E-mail
Written by Mike Buetow   
Thursday, 01 July 2004
SAN JOSE, July 1 -- The head of the U.S. Chamber of Commerce says outsourcing jobs helps the economy and ultimately leads to greater domestic employment.

Chamber of Commerce president and CEO Thomas Donohue told the Commonwealth Club of California last night that the offshoring of jobs to low-labor-rate countries saves companies money -- which in turn goes to create more jobs.

Amid the "jobless" recovery, the issue is a lightning rod in America today. Several federal agencies report job migration is accelerating. About 250,000 workers lose their jobs to offshoring each year, according to government statistics. And in June the Bureau of Labor Statistics revised downward projections for white-collar job growth for 2002-12, based on accelerated job migration.

According to an AP report, Donohue said "the benefits of offshoring jobs outweigh the cost" and those affected should "stop whining."

A private organization, the Chamber of Commerce is a notoriously partisan group that represents 3 million businesses and generally advocates legislation that improves corporate bottom lines.


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