Former Fed official: One of four U.S. jobs headed overseas

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Former Fed official: One of four U.S. jobs headed overseas

[url=http://www.eetimes.com/showArticle.jhtml?articleID=199903533]Former Fed official: One of four U.S. jobs headed overseas[/url]

George Leopold
(06/12/2007 4:49 PM EDT)

WASHINGTON "” Alan Blinder, former vice chairman of the Federal Reserve, told Congress Tuesday (June 12) that one out of four U.S. jobs are vulnerable to offshoring.

Blinder, now an economics professor at Princeton University, told the House Science and Technology Committee that American jobs in science, technology and engineering are most vulnerable to offshoring.