News
National Journal | QUICK TAKE: U.S. Lost One Quarter of High-Tech Manufacturing Jobs in a Decade
The United States has lost more than a quarter of high-tech manufacturing jobs to Asia over the past decade, as China and neighboring countries expand their science and engineering capabilities, according to a National Science Board publication issued Tuesday, The Washington Post reports.
WSJ | U.S. Loses High-Tech Jobs as R&D Shifts Toward Asia
The U.S. is rapidly losing high-technology jobs as American companies expand their research-and-development labs in China and elsewhere in Asia, the National Science Board said Tuesday.
NY Times | Few Cities Have Regained Jobs They Lost, Report Finds
Only 26 of the nation’s 363 metropolitan areas had recovered their lost jobs by the end of 2011, and only 26 more are projected to recover them by end of this year, according to the report, which was commissioned by the United States Conference of Mayors.
USA Today | Kraft Foods to cut up to 1,600 positions
Kraft Foods will cut 1,600 positions in North America as it prepares to split its business in two.