Introduction Continued The federal government is one of the most reliable options out there for jobseekers. Many additional federal jobs will be created as those who are at or beyond retirement age opt to retire.
Harold Meyerson January 27, America's leading corporations have found a way to thrive even if the American economy doesn't recover. This is very, very bad news. As corporate profits skyrocket, even as the economy remains stalled in a deep recession, Americans confront a grim new reality: Our corporations don't need us anymore.
Half their revenues come from abroad. Their products, increasingly, come from abroad as well. Consider, for example, the crucial role that a company called Foxconn plays in the American economy.
Scarcely any Americans had heard of Foxconn until a wave of worker suicides shook its immense factory complex in China's city of Shenzhen last spring. Within the space of a few months, 10 workers inside the company's walled-off Longhua industrial village, a 1.
What made the stories particularly troubling, though, were the revelations about Foxconn's place in the American industrial system. At Longhua and Foxconn's other Chinese factory complexes,employees also make computers for Dell, games for Nintendo, and several products for Hewlett-Packard.
Indeed, the number of Foxconn employees who assemble these companies' products often exceeds by a wide margin the number of workers these companies employ directly in the United States.
At Apple, the ratio of Foxconn employees at work on Apple products to U. The same ratio exists at Dell. The role that even the most widely admired American companies, such as Apple, Hewlett-Packard, and General Electric, have played in offshoring American jobs has long been a subject of controversy.
Their zeal for offshoring has lowered the prices of the goods Americans buy while increasing our trade deficit, shrinking our manufacturing sector, and flattening our wages. But to look at the employment numbers at Foxconn, Apple, Dell, or IBM -- whose total worldwide workforce expanded fromemployees in to almostinwhile its U.
With each passing year, and even more so during the recession, America's leading corporations grow more and more decoupled from the American economy.
Their interests grow increasingly detached from those of our workers, our consumers -- and our economic future. This growing detachment is certainly reflected in their revenues.
Bythat figure had grown to 48 percent. Although precise figures on offshoring are unavailable from either companies or governmental bodies, the evidence of the growth of offshoring is overwhelming.
A survey of 1, companies conducted by Duke University's Fuqua School of Business and the Conference Board a group of leading corporations found that 53 percent had an offshoring strategy -- up from just 22 percent in At a time when small business can't expand because high unemployment and the decline of home values have depressed consumer demand, big business is increasingly committed to expanding its sales and production abroad rather than at home.
That's why the current downturn is different from its predecessors: Unlike any recession in American history -- including the Great Depression -- this one has come at a time when America's leading employers can return to profitability without rehiring large numbers of American workers.
This grim new reality has yet to inform our discussion over how to come back from our mega-recession. The existing debate pits those who believe that the downturn is cyclical and that public spending can restore prosperity, against those who believe that it's structural -- that we have too many carpenters, say, and not enough nurses -- and that we should leave things be while American workers acquire new skills and enter different lines of work.
But there's another way to look at the recession: Thus, the disjuncture between the record-high profits of American corporations and the otherwise dismal indices of national economic health.BENEFITS, ENTITLEMENTS AND ALLOWANCES FOR DOD CIVILIANS DEPLOYED TO Secretary of Defense (Civilian Personnel Policy) 2 TABLE OF CONTENTS.
The following document is a summary of the benefits, entitlements and allowances offered to DoD civilian employees who are on a assignment at an overseas post prior to . Overseas work experience looks good on your resume. Aside from adventure, travel, pay and tax benefits, your career itself stands to benefit from working overseas.
No one has to tell you that the world is getting smaller. The Tax Benefits and Drawbacks of Working Overseas While moving overseas won’t make you immortal, it may allow you to exclude foreign earnings from your taxes, according to the Internal Revenue Service. Outsourcing is "an agreement in which one company hires another company to be responsible for an existing internal activity." It often involves the contracting of a business process (e.g., payroll processing, claims processing), operational, and/or non-core functions, such as manufacturing, facility management, call center support).
The term "outsourcing" came from "outside resourcing" and. Employee Guide Overseas Benefits and Allowances Civilian Human Resources Agency – Europe Revised: 19 October Summary of Overseas Benefits and Allowances.
Learn more about pay and benefits for federal employees.