China’s Next Wave

China has gobbled up our manufacturing jobs, and it looks like we’ll never get them back. Next in their crosshairs: White Collar Jobs.

chinese_classroom

Our education deficit vs. China is about to pay them dividends:

“In the last decade, China has produced close to 60 million college graduates. By 2030, the World Bank expects there to be up to 200 million — more than the entire U.S. workforce. They’ll join those from India and Latin America in an increasingly crowded global market for brainpower. … From crunching the numbers behind a trading desk, to writing code, to reviewing X-rays — some of the work is already being outsourced and more will be.”
Chicago Tribune