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U.S. Multinationals Step Up Hiring

Wall Street Journal (04/18/12) David Wessel

U.S.-based multinational companies boosted their U.S. work forces by 0.1% in 2010, according to the U.S. Commerce Department. The modest expansion of the multinational companies’ U.S. employment came as the private sector overall cut 0.6% of its U.S. work force. Approximately 68% of the companies’ employees were in the U.S. in 2010, down from 75% in 1999. Although the companies added 200,000 jobs in the U.S. between 2007 and 2010, three times as many jobs were added overseas.