Many previously-nontraded services have become tradable (or are expected to become so) as a result of the technological advances in information technology. That has raised concerns about the future of U.S. jobs and workers' incomes. However, a review of the evidence shows that the current extent...

Recent technological advances have made it economical to import some services that were not so previously, raising concerns about the future of U.S. jobs and workers' incomes. However, the current extent of service offshoring is very modest, both as a share of GDP and in terms of its...