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Globalization Benefits and Challenges

Velocity Global

Immigration Challenges and Local Job Loss. Many countries around the globe are tightening their immigration rules, and it is harder for immigrants to find jobs in new countries. trade deficit with China (or the amount by which our imports exceed our exports) cost Americans 3.4 million jobs since 2001.

Payroll 119
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Everything You Need to Know About the Philippine Call Center Industry

Magellan Solutions

As the top call center country of the world , the Philippines continuously impress global leaders because of its educated workforce, efficient labor practices, industry expertise, low labor cost, and strategic location. million jobs and is projected to reach a 17% annual growth and $27.4 to the country’s total GDP.

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article thumbnail

Globalization Benefits and Challenges

Velocity Global

Immigration Challenges and Local Job Loss. Many countries around the globe are tightening their immigration rules, and it is harder for immigrants to find jobs in new countries. trade deficit with China (or the amount by which our imports exceed our exports) cost Americans 3.4 million jobs since 2001.

Payroll 52
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10 Big Companies That Outsource to India and Their Struggles

Magellan Solutions

One of them is the low labor cost. The purpose of outsourcing was the movement of work to cheaper labor in Indian markets. In the last decade, GE planned to outsource 75 percent of their IT jobs and locate 75 percent of those jobs in India. This is because of the company’s plan to move 450 jobs to India.