4 pages/≈1100 words
Business & Marketing
Big US Firms Shifting Hiring Abroad (Article Critique Sample)
The task was to establish whether it is true or not true that Globalization is harming the us economy as suggested by the article, "Big US firms shifting hiring abroad". source..
Big US Firms Shifting Hiring Abroad [Author Name(s), First M. Last, Omit Titles and Degrees] [Institutional Affiliation(s)] Author Note [Include any grant/funding information and a complete correspondence address.] Big US Firms Shifting Hiring Abroad The 19th April 2011 article, "Big US Firms Shifting Hiring Abroad" in The Wall Street Journal, shows that globalization of multinational corporations is causing loss and decline of job creation in the United States. The article demonstrates that globalization is causing unemployment in the United States. The article blames the government for the negative impact of globalization on the country. The article claims county's poor trade policies, expensive tax system, Infrastructural decline, poor immigration policies, poor education system and aggressive foreign governments as the reasons behind its claim that the United States is feeling a negative pinch of globalization. The article bases its claim and supports the claim using US Commerce department data CITATION Wes11 \l 1033 (Wessel, 2011). This source of data is trusted and reliable source. This paper explores the claim of the article (globalization is causing unemployment in the United States) and tries to determine whether the reasons behind such a claim are genuine or not. It is a fact that the majority of major US multinationals have increased hiring abroad while they have decreased hiring at home. Walmart Stores, Caterpillar Inc., General Electric Co., Apple Inc., Nike, Lenovo, Foxconn, FedEx, UPS, G4S, IBM, and Sodexo are all outsourcing for labor. These companies have created jobs abroad especially in their manufacturing plants and service points which have increased in number in the recent years. Increase in expansion abroad definitely implies increase in jobs or people hired by these companies abroad CITATION Pea12 \l 1033 (Pearlstein, 2012). The article states that the infrastructure in the US is on a decline and is pushing Multinational Corporations away from the country. This is echoed by the American Society of Civil Engineers. A greater portion of the current US infrastructure is in need of repair. The US has experienced economic boom in the last 50yrs due to well-developed infrastructure. However, the recent past, the US has experienced declining infrastructural state this could be driving Multinational corporations away. The movement of goods and services is becoming difficult. Emerging economies are coming up with modern infrastructural facilities that are superior to the US. Countries in Asia such as China, India, United Arab Emirates and Qatar are developing modern, high tech infrastructural facilities that are luring multinational corporations away from the US. CITATION Gol15 \l 1033 (Golson, 2015). Decline in productivity of the US education system has also been stated as a cause decline of employment of US citizens by multinational corporations. The US education system is generally productive. However, social changes are being experienced in US where by young US citizens are increasing in preference of Art over Science and Technology. This has led the US generally, and not merely multinational corporations only, to import technical labor to meet the deficit not provided by the Native Americans. This importation of labor occurs in the form of green cards. Majority of jobs requiring major expertise in the US are increasingly being filled by non-US citizens not only in major corporations but also in other various sectors of the economy. The article reveals that multinational corporations' growth is spurred by huge investments in Research and Development which they still do carry in the US. Surprisingly, majority of the personnel for Research and Development are hired abroad CITATION Ler \l 1033 (Lerman & Schimdt, n.d.). Foreign countries have also been recognized for their aggressiv...
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