Start-up Companies Hire Overseas

"Nearly 40% of start-ups in a new USA TODAY study employ engineers, marketers, analysts and others in jobs created in India and other nations", according to the article To start up here, companies hire over there. Drawn overseas by cheap labor many U.S. companies bypass the U.S.A's labor market. Intel plans to increase international hiring. Technology facilitates international transactions. Tech jobs fell in the U.S. from 5% in 2001 to 4.4% last year.

Support for anit-offshoring legislation has increased amid weaker than expected job growth. Canadian labor is 30% below U.S. wage rates. Americans need to accept lower rates to be a global competitor. Globalization provides opportunities to increase market share and decrease costs thereby increasing revenue. Laws should not protect the American worker and discriminate against the Canadian worker as Steven Landsburg points out in his book Fair Play. International companies prosperity and competitiveness will in the long run benefit the U.S. by returning jobs here. Higher paying administrative positions are kept in the U.S. The U.S. is already benefiting from the wealth created by these CEO and senior software developer positions. Consumers benefit from lower prices. Foreign nations benefit from increased employment.