. . . in Asia:
Technology companies are seeing a rebound in business, but top executives this week said any jobs added to meet growing demand will likely be in countries where labor is cheaper than the United States.
Executives speaking at the Reuters Technology, Media and Telecommunications Summit in New York said they see increased hiring in countries like India and China, but few jobs will be added in the United States.
. . .
U.S. technology employment fell 4 percent last year to just below 6 million, the American Electronics Association estimates, the lowest level since 1999. The unemployment rate for electrical and electronics engineers rose to a record 6.2 percent, the Institute for Electrical and Electronics Engineers said.
Ron Hira, a professor at Rochester Institute of Technology who analyzes manpower for the IEEE, said a recent decrease in the U.S. government’s outlook for employment growth reflects the move to send U.S. technology jobs abroad.
This exporting of jobs abroad could become a significant campaign issue this fall.