An article in INFOWORLD
tells of a report that explains why:
"A key reason is that as companies have moved to digital processes, those processes aren't tied to specific physical locations. "Another driver is the ongoing standardization and commoditization of work, making it more portable. In conjunction with cheaper bandwidth and technology that enable 'digitization' of work and automation of workflow, standardization has made execution of many business support processes entirely independent of the physical location of assets and resources, along with the origin and destination of the work," the report says.
...the reason that the annual number of job losses from IT offshoring is stabilizing is because companies have spent the last four years moving IT jobs offshore in vast numbers. It now appears to be financial jobs that companies are looking to offshore en masse, the report says, hoping to duplicate the savings achieved in IT operations."
So much for Pres. Clinton saying we should retrain for jobs in the information-based economy, eh?
Time to ask, "Why must we pay to live on the planet we're born on?"