Why Arkansas is the new India

07/8/2010 | CNNMoney

Companies in need of cheap, skilled labor are bypassing India and looking closer to home. "Onshoring" firms set up work centers in less-expensive locales such as rural Arkansas or Minnesota, providing technical expertise to big-city companies at about half the price they normally pay. It's still more expensive than India, but companies say the benefits are worth the cost.

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