Is a Psychology degree really considered useless?

[StatGuy2000]

I keep hearing posts here and elsewhere about jobs being outsourced out of the US (and Canada) and into other countries, but can anyone actually point to real data to indicate to what extent this is actually true over the past decade?

I'm aware that many people will take the example of call centres in India; however, in that particular instance, those jobs were either those that never existed to begin with in the US or Canada, or in many cases were replacing workers that were essentially being "imported" into the US during the height of the dot-com boom. I recall back in the late 90s that there was such a severe shortage of people with backgrounds in computer science and in certain engineering fields that many positions were being filled in by H1B visas from India, particularly those who graduated from the Indian Institute of Technology (IIT).

An interesting link. The link presented doesn't really break down the types of jobs that were offshored/outsourced (e.g. the extent to which STEM type jobs were among those being offshored/outsourced), nor does it indicate if the brunt of the offshoring were in industries that were already in relative decline within the US. Certainly among the main reasons for outsourcing/offshoring is due to the savings from labour costs, but as the link indicated, labour costs around the world are increasing (due to the overall change in economic conditions around the world). This would perhaps indicate that, although a return to manufacturing jobs in the US has not taken place to a great extent (the article suggest possible reasons like the US tax code), the economic rationale for offshoring/outsourcing may have reached its limit.