For years, manufacturing jobs have migrated from developed countries to third world countries, most notably in Asia. Movement within the past year suggests that this trend is reversing. Some jobs that moved are coming back, and some third world companies are establishing manufacturing facilities in developed countries.
What is causing this reverse migration? Sources within these companies report they can beat current Chinese prices with efficiencies they can achieve in developed countries. Wise employers, who measure and monitor their costs - tangible and intangible - are discovering that it's more cost-efficient to keep the jobs at home. Assumptions that it is cheaper to manufacture overseas have been exposed as more myth than reality.