“Re-Shoring”
You’ve heard of “off-shoring.” And depending on your age, “Pauly Shoring.&You must Subscribe or log in to read the rest of this content.
You’ve heard of “off-shoring.” And depending on your age, “Pauly Shoring.&You must Subscribe or log in to read the rest of this content.
4 comments
The Motch brothers tried to sell “inshoring” to Marty Huggins, but he flatly rejected the idea as bad for the citizens of Hammond.
We are going to see more on-shoring over the next few years than you can imagine. Lower energy prices coupled with advances in automation are driving the issue. Companies are tired of dealing with the low quality delivered by the Chinese and delays in shipping.
One thing to keep in mind though. When textile company “A” went off shore 20 years ago it took 500 jobs with it. When they come back they will only bring 125 with them. The rest will be lost to technology (robots mostly).
As long as a billion Indians and a billion Chinese are competing for technical jobs, H1 visas will make shore we won’t see any change.
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The job you create may be YOUR OWN!!!
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