Foreign Investment & U.S. Jobs
Professor Matthew Slaughter appears on CNBC to discuss the benefits of multinational companies setting up shop in the U.S. "These foreign companies that are establishing and expanding operations here, they tend to be very good companies," says Slaughter. "Because they are globally engaged, they bring a lot of talents and a lot of know-how to the American economy that helps work with the talents of American workers to generate high-productivity jobs." Slaughter further explains that one in twenty Americans in the private sector work for foreign firms and earn 32 percent more than their counterparts in the rest of the private sector economy. (December 2007)
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