Although the hourly wages an Indian worker can earn for commonly outsourced job categories seem low, a software engineer making almost $20 an hour could hire a full-time housekeeper.
|Telephone operator||$13||Less than $1|
|Note: Numbers are rounded. Where ranges were given, the average is given above.
Sources: University of California, Berkeley; and McKinsey Global Institute
Workers of the World
Even as the U.S. population ages, the number of workers in India and China continues to grow rapidly. But both of those countries still face development hurdles.
|Total population||0.29 billion||1.07 billion||1.30 billion|
|Civilian labor force||147 million||470 million||744 million|
|Percent of population under age 25||35%||53%||41%|
|Number of college graduates per year||1.3 million||3.1 million||2.8 million|
|Number of computer-science graduates per year||53,000||75,000||50,000|
|As percentage of population||0.02%||0.007%||0.0004%|
|Cost of a cup of coffee at a gourmet coffee bar||$1.68||$0.50||$1|
|Percent of country with electricity||100%||60%||98%|
|Percent of population living below the “poverty line”*||12%||25%||10%|
|*Definition of “poverty line” varies substantially by country.
Sources: U.S. Census Bureau, U.S. Bureau of Labor Statistics, U.S. DoE, The Economist, Economic Times of India, Software Outsourcing Research, CNBC, the National Center for Education Statistics, the International Energy Agency, and CFO research