Thursday, October 22, 2009
Toyota employs 35,838 Americans in the Untied States
If it wasn’t for the millions of jobs provided by foreign companies, the employment rate in the United States would leap from 9% to more than 13%. That’s how significant the 5.3 million jobs available to American workers from foreign businesses are to the labor force. The best known examples of such jobs are provided by overseas auto manufacturers like Toyota, Honda, Nissan and Mercedes-Benz that have established factories in the U.S.
Other examples from different sectors include Anheuser-Busch, America’s best-selling beer maker, which is now owned by Belgian company InBev; the Tata Group of India, which recently reopened the Pierre Hotel in Manhattan and makes Eight O’Clock Coffee; Haier, the Chinese appliance maker that has a refrigerator plant in South Carolina; and Nestlé, the Swiss food company that employs hundreds to make Nesquik and Coffee-Mate in Indiana. Without foreign investment, Indiana would be a “Dust Bowl,” says Republican Governor Mitch Daniels.
-Noel Brinkerhoff
A Lifeline Not Made in the U.S.A. (by Micheline Maynard, New York Times)
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