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Outsourcing facts & stats

2 sourced facts about business outsourcing, each with the context behind the number. 4 more are in today's round and appear here after it closes.

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What share of total U.S. labor market jobs have been estimated to be lost to offshoring overall?

Answerless than 1%

Despite public perception, studies have found that offshoring accounts for a very small share of total U.S. job losses.

Source: Wikipedia, Offshoring (2024) en.wikipedia.org

In a study of 244 manufacturing relocation decisions from 2018-2023, what share involved 'reshoring' work back to the home country?

Answerabout 16%

Despite talk of reshoring trends, the large majority of relocation decisions in this period still moved production to other countries rather than bringing it home.

Source: Wikipedia, Offshoring (2023) en.wikipedia.org

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