Key Takeaways
- In 2022, the US lost 89,000 manufacturing jobs to offshoring, primarily to Mexico and China
- Between 2001 and 2013, China trade deficits led to 3.2 million US job losses, with 2.4 million in manufacturing
- US manufacturing employment fell from 17.2 million in 2000 to 11.5 million in 2020, largely due to offshoring
- US customer service jobs offshored reached 2.7 million by 2015
- By 2022, 35% of US call center jobs (1.2 million) were offshored to India and Philippines
- Financial services offshored 500,000 back-office jobs to India 2000-2020
- US software development offshored 500,000 jobs to India by 2022
- 40% of US tech jobs (2.5 million) at risk of offshoring by 2030
- US lost 300,000 IT support jobs to Philippines 2010-2023
- US lost 5.7 million jobs overall to offshoring 2000-2018, costing $1.8 trillion in wages
- Offshoring reduced US wages by 2.4% for non-college workers 1990-2020
- Trade with China cost 3.7 million US jobs 2001-2018, $15k annual wage loss per worker
- Manufacturing jobs offshored grew 20% yearly 1990s, slowing to 5% post-2010
- China WTO entry 2001 accelerated offshoring by 40%
- NAFTA offshoring peaked 1994-2000 with 1 million jobs lost
The US has lost millions of jobs to offshoring, devastating manufacturing and other sectors.
Economic
Economic Interpretation
IT
IT Interpretation
Manufacturing
Manufacturing Interpretation
Policy
Policy Interpretation
Services
Services Interpretation
Trends
Trends Interpretation
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