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U.S.-Based Multinationals Added Jobs Abroad In 2000s, But Cut Jobs At Home

by Bonnie Kavoussi

“In the last decade, U.S.-based multinational companies have been on a hiring spree, adding over 2 million new jobs. They’re just not adding them in the United States.”

“In the last decade, U.S.-based multinational corporations cut nearly 864,000 jobs in the United States, according to a new report from the Commerce Department’s Bureau of Economic Analysis. At the same time, they added 2.87 million jobs outside the country, including 1.61 million jobs in Asia and the Pacific region.”

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