Europe – Contrary to the perception that outsourcing leaves a country with fewer jobs, a new study found that European countries that outsourced often created more interesting jobs in the domestic market.

According to Businessweek, it reported that the impact of key jobs outsourced was insignificant – with only a mere 5.5% of jobs lost in Europe to offshoring.

The report stated that India’s growth had been largely driven by “routine support services” and that their progress towards higher-value work has been slow in the uptake.

It was also indicated in the report that, “Indian business insiders see future offshore outsourcing as an advantage for Europe enabling it to focus on the ‘thinking part of the job’, providing opportunities for ‘better jobs’ and ‘knowledge work’ in Europe.”