U.S. Unemployment Remains High While U.S. Companies are Hiring Overseas

caterpillar

A mechanical engineer working on a marine engine for Caterpillar in Friedrichsort Caterpillar near Kiel, northern Germany.

Why isn’t anyone hiring when corporate profits are up and stock prices are up?

Actually, many American companies are — just maybe not in your town. They’re hiring overseas, where sales are surging and the pipeline of orders is fat.

 

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