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Nike Is Willing To Create Jobs For America

2015/5/22 20:53:00 27

NikeBeautyEmployment

Reuters commented that Nike's recent announcement of the possibility of creating up to 10000 manufacturing jobs in the US has once again triggered controversy over whether the United States will begin to witness industrial revival after years of loss of jobs.

Data from the government and the private sector confirm that it is too early for us workers or politicians to celebrate.

Any push to the US manufacturing industry has so far been moderate and fragile.

Last Friday, a number of American manufacturing companies, including Nike, WAL-MART, apple, general electric and Ford motors, made a voice, promising to invest in manufacturing jobs in the US.

The government reported last Friday that there were 12 million 300 thousand manufacturing jobs in the United States in April, an increase of 1.5% compared to the same period last year, but far lower than that in 1990.

2016 will be the election year of the United States. How to best expand employment in manufacturing industry will become the main topic of the year.

Employment in Ohio and Michigan is also a problem.

But economists and analysts believe that the excitement of "manufacturing backflow" or pulling jobs back overseas is a bit too much.

"There are not hundreds of jobs offered by manufacturers, but 5 or 10," said Diane Swonk, chief economist of Chicago.

Other indicators of manufacturing activity show that American companies rely more on imported components.

The analysis published by University of Munich economist Dalia Marin in November showed that from 1990s to 2011, the proportion of semi-finished products imported from Asia, Latin America and Eastern Europe increased from 2% to 5%, and only fell during the recession.

  

Employment creation in the United States

In the process, there is no lack of case.

Take Nike as an example, the company's promise to create job opportunities for the United States is linked to the US government's reduction in import shoe tariffs.

According to the American shoe dealers and Retailers Association, according to the shoe materials and shoes used, the United States imports shoes.

taxation

Between 25% and 35%.

In 2014, American enterprises for Vietnam and other countries will be included in the p Pacific Trade Agreement (TPP).

Imported shoes

It has paid about $400 million in tariffs.

The TPP plan will reduce tariffs.

According to Nike, the Nike shoes imported from Vietnam in 2014 fiscal year accounted for 43% of Nike's total.


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