Refers to the growing trend of shifting many jobs so that the employee works out of his or her home instead of the office. The name "homeshoring" comes from the practice of "offshoring", or sending U.S. jobs overseas. Also referred to as the hidden labor force, "cyberagents" can be very cost effective for companies as they usually cover their own health care and computer costs. Working from home can also save the employee money on daycare and gas.
Being able to cut down on labor costs prevents the need for offshoring and provides many Americans with job opportunities that allow them to work from home. This opportunity can serve to be very beneficial for stay-at-home moms, people in rural areas, military spouses, disabled veterans, computer-savvy college students, corporate wives, and others.
NetLingo Classification: Online Business