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Report: American-Based Multinational Companies Add Jobs, but Mostly Outside U.S. Report: American-Based Multinational Companies Add Jobs, but Mostly Ou...

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ECONOMY

Report: American-Based Multinational Companies Add Jobs, but Mostly Outside U.S.

Although 35 large U.S.-based, multinational companies hired workers much faster than other American companies during the past two years, most of the new jobs were overseas, The Wall Street Journal reports. 

The companies mainly created the overseas jobs to take advantage of sales outside the United States and not to cut costs by shifting the companies’ workforces to nations with cheaper labor, according to economists cited by The Journal.

 
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