Job migration
Encyclopedia
Job migration is a term that has gained widespread use in the recent years and although it means relocation of jobs
from one geographical area to another, it has come to symbolize the migration or relocation of jobs to other countries.
, higher productivity
, etc.
often accompanied by a difficult transition to new jobs and new locations requiring new training and lowered living standards, although not for everyone. Job migration increases the risk of unemployment. Job migration can help a persons salary increase.
Employment
Employment is a contract between two parties, one being the employer and the other being the employee. An employee may be defined as:- Employee :...
from one geographical area to another, it has come to symbolize the migration or relocation of jobs to other countries.
Reasons for job migration
In most situations jobs are moved from one location to another, or to multiple other locations, because of changes in one or many of the following: supply and demand for products and services, business conditions, labor markets, government policies, political reasons, competition, environmental conditions, local business costs, technological obsolescence, outsourcingOutsourcing
Outsourcing is the process of contracting a business function to someone else.-Overview:The term outsourcing is used inconsistently but usually involves the contracting out of a business function - commonly one previously performed in-house - to an external provider...
, higher productivity
Productivity
Productivity is a measure of the efficiency of production. Productivity is a ratio of what is produced to what is required to produce it. Usually this ratio is in the form of an average, expressing the total output divided by the total input...
, etc.
Impact of job migration
Job migration usually leads to rise in unemploymentUnemployment
Unemployment , as defined by the International Labour Organization, occurs when people are without jobs and they have actively sought work within the past four weeks...
often accompanied by a difficult transition to new jobs and new locations requiring new training and lowered living standards, although not for everyone. Job migration increases the risk of unemployment. Job migration can help a persons salary increase.