ave migrated to China since 2001, most of them in manufacturing. Other research suggests that the number of lost jobs is lower, while pointing out that globalization has also helped lower the prices Americans pay for many everyday goods. Whatever the number of lost jobs, it's clear that offshoring has had a major impact on the U.S. labor market. In a few cases, entire industries, such as textiles and toys, have relocated to foreign countries.[RELATED: 10 Jobs That Might Be Gone for Good]Some economists have been predicting a second phase of globalization, in which foreign labor costs rise and it becomes more cost-effective to produce things in developed nations such as the United States. And now, the booming U.S. energy sector may give that trend a boost.The IEA report points out that abundant energy in the United States will have at least two secondary effects: It will make the U.S. an energy supplier to the rest of the world. And it will lower costs for U.S. manufacturers, since energy is a key input for factories who run assembly lines.Energy is already a growing industry that supports perhaps 10 million U.S. jobs, and while the growth of some fields, such as green energy, may sometimes be overstated, it's clear that energy jobs tend to be high-paying ones that can help replace some of the blue-collar jobs that have been lost. The U.S. now stands to export natural gas, coal, and if you believe the IEA report oil to nations in Europe and Asia that aren't as well-endowed with natural resources. Exporting coal in particular could help revive an industry that's otherwise declining, since coal is a dirtier fuel that doesn't always comply with U.S. environmental rules. Other nations can't afford to be quite so picky, and they'd welcome cheap American coal.[READ: The 'Real' Unemployment Rate is Still Lousy]Lower energy costs will also be a growing competitive advantage for U.S. manufacturers. Some foreign manufacturers especially those based in Europe already find it cheaper to build certain things in America, especially products that are sold here. If the gap in energy costs grows, it will only lure more firms across the pond.Some economists believe a reshoring trend is already underway. The Boston Consulting Group predicts that a variety of factors will bring at least 700,000 new manufacturing jobs back to the United States from overseas by 2020, along with 1.8 million additional support jobs. And BCG has been revising those figures upward, with the high end of its estimate totaling nearly 5 million new jobs. A few companies, such as 3M, All-Clad and Buck Knives, have already begun to shift work back to the United States.If the reshoring trend fully develops, it won't necessarily patch all the holes globalization has poked in the U.S. job market, http://www.cheaptomsshoesoutletstor.com - toms shoes reviews . New jobs won't materialize precisely where old ones were lost. They'll require different and sometimes much more advanced skills, http://www.cheaptomsshoesoutletstor.com - toms shoes sale . There will be fewer union jobs, http://www.cheaptomsshoesoutletstor.com - toms the shoes . Pay and benefits might be lower than they were before.But globalization need not be a one-way pipeline funneling jo
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