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The future of the US jobs market – Outsourcing. Presentation by Steven Douglas. What do you want to be when you grow up?. List jobs held by the students in the past and those they are planning to get after graduation or in the future. Top 15 Jobs in the US as of November 2010
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The future of the US jobs market – Outsourcing Presentation by Steven Douglas
What do you want to be when you grow up? • List jobs held by the students in the past and those they are planning to get after graduation or in the future.
Top 15 Jobs in the US as of November 2010 1. Retail salespeople • Total employment: 4,209,500 2. Cashiers • Total employment: 3,439,380 3. Officeclerks • Total employment: 2,815,240 4. Fast Food service workers • Total employment: 2,695,740
5. Registered nurses • Total employment: 2,583,770 6. Waiters and waitresses • Total employment: 2,302,070 7. Customer service reps • Total employment: 2,195,860 8. Material movers • Total employment: 2,135,790
9. Janitors • Total employment: 2,090,400 10. Stock clerks and order fillers • Total employment: 1,864,410 11. Secretaries (not including medical, legal and executive secretaries) • Total employment: 1,797,670 12. Bookkeeping, accounting and auditing clerks • Total employment: 1,757,870
13. Generalmanagers • Total employment: 1,689,680 14. Tractor-trailer truck drivers • Total employment: 1,550,930 15. Elementary school teachers • Total employment: 1,544,300
Largest US Employers 1. US Government (non-military) • Total Employees: 4 Million 2. Wal-Mart (Retail) • Total Employees: 1.8 Million 3. USMilitary • Total Employees: 1.5 Million 4. KellyServices (Staffing/Temps) • Total Employees: 750,000 5. US Postal Service • Total Employees: 700,000 6. McDonalds (Fast Food) • Total Employees: 470,000
7. UPS (Express Delivery) • Total Employees: 425,000 8. IBM (Computer Hardware) • Total Employees: 355,000 9. HomeDepot (Retail) • Total Employees: 345,000 10. Target (Retail) • Total Employees: 335,000 11. Citigroup (Finance/Banking) • Total Employees: 330,000 12. GE (Leasing/Finance) • Total Employees: 320.000 13. AT&T (Staffing/Telecom) • Total Employees: 300,000
Top Outsourcers • IBM63,700 • EDS22,400 • Dell17,450 • Cognizant15,000 • SiemensAG 15,000 • General Electric 14,250 • Convergys14,000 • Accenture13,000 • CSC 10,800 • Intel10,426
Why are these Jobs being Outsourced? • Payroll and tax preparation • Accounting and Bookkeeping • Data Entry • Bill Processing • Diagnostic/Analysis • Computer programming and operating • Call center and technical support • Paralegal
Why are these Jobs Safe from Outsourcing • Dental Assistant • Fitness Professionals • Physical Therapy Aides • Teaching Assistants • Small Business Owners • Occupational Therapy Aides • Pharmacy Technicians • HVAC Technicians • Plumbers • Electricians • Child Day Care Management • Veterinarian Assistants • Diesel Mechanics • Pet Groomers • Small Engine Repair • Motorcycle Repair • Dog Obedience Trainers • Auto Repair Technicians
What US Jobs are Safe from Outsourcing? Assumption 1 – Manufacturers will continue to outsource… US will become an Import Market. Imports of Manufactured Products will insure a distribution system in the USA. Jobs for Distribution – • Dock Workers/Stevedores • US Customs • Port Warehousing/Movers • Trucking • Regional Warehousing • Retail Deliveries • Retailers • Stock workers/Sales People • Cashiers • Online Distributors • Express Delivery/Mail for Online Sales • Managers and Line Workers for the Above
What US Jobs are Safe from Outsourcing? Assumption 2 – Americans will continue to eat but more foods will be imported due to lack of Immigrant migrant workers due to Illegal Immigration laws restricting access to US farms. Imports of Food Products will insure a distribution system in the USA. Jobs for Distribution – • Dock Workers/Stevedores • US Customs • Port Warehousing/Movers • Trucking • Regional Warehousing • Retail Deliveries • Retailers/Supermarkets/Restaurants • Stock workers/Sales People/Service Workers • Cashiers • Online Distributors • Express Delivery/Mail for Online Sales • Managers and Line Workers for the Above
What US Jobs are Safe from Outsourcing? Assumption 3 – American Hospitals will eventually outsource services to foreign hospitals or medical companies for analyzing x-rays. Patients requiring heart surgery, brain surgery and other expensive operations where insurance companies do not cover all expenses, will start to go to other countries where these operations are far less expensive. Jobs that will be negatively affected will include: Radiologists Doctors - surgical Nurses - RNs Hospital Workers – All (fewer patients) Jobs that may remain safe include: LPN’s / Rehab Workers / OT and PT specialists Assisted Living – All
The importance of understanding International Business If these assumptions are correct, US based manufacturers will require managers and executives to travel to foreign countries to oversee JV and manufacturing facilities.