The Street (03/27/12) Ted Reed

Over the past months, companies in the automobile and airline industries have repatriated or agreed to repatriate thousands of jobs from overseas in auto manufacturing, airline call centers, and other areas. US Airways, for example, brought back 400 reservation agents’ jobs from the Philippines to the U.S. over the past year. President Obama is supporting the efforts, in January hosting an “Insourcing American Jobs” forum at the White House. Meanwhile, U.S. Rep. Tim Bishop (D-NY) is sponsoring a bill that would prevent businesses that outsource U.S. call center jobs from being able to obtain federal grants and loans.