offshoring

Bain Closes U.S. Plant, Makes Workers Train Chinese Replacements

In another example of how Mitt Romney's Bain Capital creates jobs, we learn that Bain has for months been dismantling and shipping to China a Freeport, Ill., car parts plant -- and requiring the soon to be laid-off U.S. workers to personally train their Chinese replacements.

How 'Everyday Low Prices' Are Costing Americans Their Jobs

As consumers, we welcome Walmart's low prices. But they're doing the U.S. more harm than good. A new research report has found that low prices have actually caused unemployment to rise, and dealt a massive blow to the manufacturing sector.

Jobs 'Insourcing' Gets Another Boost from Starbucks

Last Friday, Starbucks announced it will build a new factory in Georgia -- and it's hardly the only big company moving manufacturing back to the U.S. Call it insourcing, reshoring or whatever you like, but bringing jobs home is starting to look like a trend.

What's So Special About This Starbuck's Mug?

On the verge of bankruptcy last fall, the American Mug and Stein Company got a new lease on life, courtesy of Starbucks. In part, it's Starbucks CEO Howard Schultz trying to support U.S. employers. But he's getting a lift from the simple economics of labor.

Apple Manufacturer Foxconn Is Under Fire Again

Foxconn, the Chinese manufacturer that probably assembled your new iPad, is on the hot seat again this week, reviving discussions about evils of offshoring. But if you think money is the only reason why Apple doesn't make its gadgets closer to home, you're missing the bigger picture.

Is Corporate America Too Focused on Profit Margins?

I recently penned a column pointing out that when America "lost" the TV manufacturing industry to Japan, it wasn't necessarily a bad thing, because the business has become a low-margin money loser. A lot of readers disagreed.

Can 'The All American Store' Reverse Our Walmartization?

Walmart's conquest of of America embodies a decades-long drive toward the lowest common denominator, off-shoring jobs, maximizing profits and reducing quality. But is it a trend we can reverse? Deep in the heart of Ohio, a new store aims to try.

The Middle-Class Squeeze: Falling Wealth, Rising Costs

It's no secret that many middle-class families are in a financial bind, caught between rising costs and falling incomes. But according to recent government reports, the middle-class squeeze is not a recent development, and isn't likely to disappear anytime soon.

Made in America Leaders That Make a Real Difference

How many problems with the U.S. economy would be solved if more people bought American, and if more companies would were willing to help them do so by manufacturing here? Joel Joseph of the Made in the USA Foundation thinks it would help plenty, and he's honoring companies that have taken the lead.

Buzzwords of the Week: Rightsizing and Rightshoring

You can't call layoffs downsizing anymore, and offshoring sounds just as bad to workers as "shipping your jobs to Asia." So what do you do when your euphemisms run out of juice? Replace them with better buzzwords, of course. And who could object to something so "right" as rightsizing or rightshoring?

Why a Republican Congress Won't Ignite a Hiring Explosion

CNBC's Larry Kudlow blogged Tuesday that the a GOP win in November's elections would create an explosion of U.S. job creation. One of his guests that day on The Kudlow Report was DailyFinance's Peter Cohan, who breaks down precisely why that rhetoric doesn't match reality.

Should the U.S. Tax Firms for Shipping Jobs Overseas?

Intel co-founder Andy Grove has an interesting proposal to induce U.S. firms to rebuild the nation's manufacturing base and boost our employment: Tax companies for every job they offshore, and reinvest the funds in companies that create jobs here.

Freelance Nation: Why Good Jobs May Not Come Back

Many of the jobs that have been lost in the recession are unlikely to come back. Those that do are more likely to be freelance, temporary or contract positions rather than permanent jobs with benefits. Technology, off-shoring and the disappearance of bubble-era jobs are all to blame.