Thirty-five major U.S. corporations added jobs overseas at three times the rate they added U.S. jobs over the last two years; Wal-Mart, the largest private employer in the U.S., added 100,000 foreign jobs while its U.S. headcount remained flat

Cindy Allen

Cindy Allen

May 1, 2012 – Industry Intelligence

LOS ANGELES , May 1, 2012 () – Thirty-five major U.S.-based corporations added jobs faster than other U.S. companies over the past two years, but nearly three of four of the jobs were not in the U.S., according to an analysis by The Wall Street Journal published April 27.

The companies, which included Wal-Mart Stores Inc., International Paper Co., Honeywell International Inc. and United Parcel Service Inc., added overseas jobs at three times the rate they added U.S. jobs, the analysis found. All of the companies sureyed have a minimum of 50,000 workers.

The companies employed roughly 6.4 million workers globally in 2011, up 7.7% from 2009. During that time, the total number of U.S. jobs grew 3.1%, The Journal reported, citing U.S. Dept. of Labor statistics.

Wal-Mart, the U.S.'s largest private employer, added 100,000 jobs outside the U.S. in 2011. Since 2007, its U.S. employee count has remained flat, at 1.4 million.

The primary source of this article is The Wall Street Journal, New York, New York, on


* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.

Share:

About Us

We deliver market news & information relevant to your business.

We monitor all your market drivers.

We aggregate, curate, filter and map your specific needs.

We deliver the right information to the right person at the right time.

Our Contacts

1990 S Bundy Dr. Suite #380,
Los Angeles, CA 90025 795

+1 (310) 558 0008
+1 (310) 558 0080 (FAX)

About Cookies On This Site

We collect data, including through use of cookies and similar technology ("cookies") that enchance the online experience. By clicking "I agree", you agree to our cookies, agree to bound by our Terms of Use, and acknowledge our Privacy Policy. For more information on our data practices and how to exercise your privacy rights, please see our Privacy Policy.