United States firms shifted millions of jobs overseas in the 2000s. Data from the U.S. Department of Commerce showed that “U.S. corporations, the big brand-name companies that employ a fifth of all American workers… cut their work forces in the U.S. by 2.9 million during the 2000s while increasing employment overseas by 2.4 million.” General Motors brags that 85 percent of their production is in China. Furthermore, a recent Wall Street Journal analysis showed, “Thirty-five big U.S.-based multi-national companies added jobs much faster than other U.S. employers in the past two years, but nearly three-fourths of those jobs were overseas.”
As overseas outsourcing has expanded, U.S. manufacturing has suffered the brunt of the blow. According to a report on outsourcing by Working America, “Manufacturing employment collapsed from a high of 19.5 million workers in June 1979 to 11.5 workers in Dec. 2009, a drop of 8 million workers over 30 years. Between Aug. 2000 and February 2004, manufacturing jobs were lost for a stunning 43 consecutive months – the longest such stretch since the Great Depression.” Manufacturing plants have also declined sharply in the last decade, shrinking by more than 51,000 plants, or 12.5 percent, between 1998 and 2008. These stable, middle-class jobs have been the driving force of the U.S. economy for decades and these losses have done considerable damage to communities across the country.
Our high unemployment rate is the direct result of stupid laws created by an uninformed government.
Clyde Roach, Miami