11 "American" Industries That Are Dominated By Immigrants And Offshoring

American industry is at the end of a four-decade tail spin.

We've reached the point where people talk about a recovery that doesn't bring back factory jobs, or at least gives up some industries for lost.

In this light, it's surprising to read a rosy outlook from the NBER about the impact of immigrant labor and offshoring.

Both practices have a cost-saving effect, the study finds, that "may leave unaffected, or even increase, total native employment of less skilled workers."