Where do you think the should be?
But they also added more than 333,000 jobs in their far-flung—and faster-growing — foreign operations.
Makes perfect sense to me! Where there is growth in demand, there is a growth in employment! Or should the RNC take the stand that a company may not do well overseas when the ecomony at home sucks?
Sounds like something the current administration might say to shrink the US jobless figure. There is no benefit to the USA to have companies based in the USA employ workers outside the USA when they could be employed here. Alexander Hamilton’s Report on Manufactures is still valid. Outsourcing undermines our national security.
Where there is growth in demand, there is a growth in employment
Just noting that the US economy does not suck uniformly -- according to the BLS, in March 2012 the unemployment rate among those with a Bachelor's degree and higher was 4.2%. Among Black or African-Americans, Both sexes, 16 to 19 years old, unemployment was 40.5%.
It's good that US companies are hiring overseas. Their overseas operations don't have an Obama to contend with, and he appears to have succeeded in his goal of creating a permanent US underclass. Have the Dems proposed legislation to punish US companies for operating successfully in countries that are not run by economic ignoramuses yet?
Wrong. Where there are pro growth policies, there is growth. Growth is something the federal government and the Federal Reserve will not allow until the people get angry and demand it.
The thought is correct and explains the reason for increase in foreign employment. Growth
The China bashers have an Ameracentric view on everything and fail to consider the fact that employees are needed to start a company foreign operations or to grow a company that is producing for foreign domestic markets.
American companies abroad produce for foreign domestic consumption and not just for export or export at all