Data: Reshoring of U.S. Jobs Spiked in 2019 But Offshoring Continues

Reshoring of jobs to the United States spiked in 2019 to the highest rate, outside the Great Recession period, since at least 2002, though corporations continue offshoring American jobs, research reveals. Trade Adjustment Assistance (TAA) data, analyzed by Coalition for a Prosperous America (CPA) Chief Economist Jeff Ferry, finds that while the U.S. saw a surge in reshoring last year, multinational corporations like General Motors (GM), Verizon, Harley-Davidson, and Ford continue offshoring American jobs to foreign countries.-- More...