CNNMoney.com. Oct. 19, 2010-
The two lucky states are Arizona and Oregon.
Intel says the implementation of microchip manufacturing plants will create up to 1000 permanent jobs , which is delightful judging how permanent jobs are hard to find in our current economic framework.
This is an exemplary move of an US company trying to create domestic jobs for the US. Even though building plants in foreign countries, such as in China, is almost a "gratis," according to Intel's spokesperson, plants in the US help boost up the current domestic economy, which is expected to grow at a slower than usual rate.
This means Net Export in the US will go up as US buyers will spend less money on electronic imports and indeed, the country might export its high-tech products to other countries in the world.
Most Intel chips and electronic products are labeled "Made in China." Now you may see a laptop "made in the USA" again soon in the future.
This seems to be in consideration with the fact that the US government is prohibiting the relocation or movement of US manufacturing plants abroad (due to high unemployment). This is a good move by Intel as they are taking into consideration the current economic situation in their country.
ReplyDeleteIn accordance with this it would be best that the US government provide people with crash courses in technological fields such as this so that the unemployed (who are generally less skilled) might truly benefit.
I think the implementation of these plants will create jobs for the college-educated-and-plus people than for blue collar workers. Still, they are jobs, and not all professionals have jobs at the moment. Plus, BAs are given out more and more, to a commonplace situation, I think these jobs will try to accommodate that uncomfortable feeling.
ReplyDeleteI think it might take a while before we see a laptop that is entirely made in the U.S. That will be a likely possibility when the U.S currency gets weaker than the Chinese currency for instance. As mentioned in the article,private companies get more incentives when they build plants abroad. Despite of this, Intel still employs three-quarter of its employees from the U.S.
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