The Implications Of Service Offshoring For Metropolitan Economies
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Overview: This paper published by Brookings Institution explains that the loss of service jobs to offshoring in the near future will be modest. However, offshorings impact will be greater in metropolitan areas with high shares of information technology or back-office service jobs and in particular occupations within metropolitan areas. To reduce vulnerability to service offshoring, federal, state, and local leaders should work in concert to pursue policies that boost productivity and innovation, assist workers who are harmed by offshoring, and modernize approaches to economic and workforce development.