The report "Sizing the Emerging Global Labor Market" attempts to find a middle ground between those who argue that nearly all service jobs will eventually move from developed countries to low-wage ones, and those who feel that rising wages in cities such as Bangladore and Prague indicate that supply of offshore talent is already running thin. It attributes these rifts to a confusion surrounding the relatively new global labor market.
In analyzing the potential availability of offshore talent in 28 low-wage nations as well as the likely demand for it in service jobs across eight of the develop world's sectors--IT services, packaged software, retailing, financial services, health care, insurance and pharmaceuticals--the report found that these sectors provided about 23 percent of the nonagricultural jobs in developed country.
