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Firms Keep Number of Outsourced Jobs Hidden

...while asking for job-creation tax cuts

By Matt Cantor,  Newser Staff

Posted Aug 22, 2011 10:00 AM CDT

(Newser) – Major US corporations often don’t reveal the percentage of their workforce that’s overseas—even as some of these firms, including Apple and Pfizer, seek tax breaks that they say would allow them to create more jobs at home, the Washington Post reports. While they’re required by law to present such figures to the Commerce Department, officials have agreed to release the data in aggregate form, without revealing individual firms' breakdown of US and foreign workers. That means lawmakers are stuck battling unemployment without knowing which firms are US-job creators.

“It’s an important piece of information that the American people should have,” says an analyst. “Should you listen to the kind of advice these companies have about how to grow the economy when their record and their model indicates they’ve cut jobs? ... Or should we talk to people who actually do create jobs in the United States?” While some firms say they keep the numbers quiet in a spirit of competition, a manufacturing advocate believes otherwise. “Outsourcing has become a lightning rod, and the media coverage they’re likely to get is unfavorable,” he says. The combined figures show that between 2000 and 2009, multinationals cut 2.9 million US jobs and added 2.4 million abroad.

Apple CEO Steve Jobs.
Apple CEO Steve Jobs.   (Getty Images)
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COMMENTS
Showing 3 of 27 comments
flameforjustice
Aug 22, 2011 2:59 PM CDT
Backstabbing companies that's to be expected in this money before anything else country. Where or where are the folks who allow this behavior to happen and continue? Where are the folks who are supposed to punish this companies as well. Let an ordinary citizen try to hide some money in the islands or a swiss account and watch out. You'll be accused of laundering drug money,diverting money to terrorists. Then on top of that the IRS will put a lien on everything you own and value(spouse,children,parents). Isn't life grand for regular hardworking taxpaying legal citizens of the USA. I'm including you legal citizens that are unemployed because of companies like this and the economic downturn as well as the current employed workforce.
Naked_Emperor
Aug 22, 2011 12:26 PM CDT
I think obama needs to have a talk with his commerce department.
Bunnyman09
Aug 22, 2011 12:03 PM CDT
I'm sure a lot of people (including myself) have had experience with corporations firing American workers and outsourcing to workers who work for pennies on the dollar.  They also said they couldn't "find" American workers to fill the jobs so they were forced to outsource, which is total bullshit.  Big business couldn't care less about the American worker, they only care about money. But according to Romney, corporations are people.  Wish we could find a way to put corporations in prison, too.

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