Make a difference in our non-profit newsroom... and help Marketplace meet our year-end goal! Donate Today 💙

What politicians don’t get: companies don’t want to create jobs

Annie Baxter Dec 1, 2016
HTML EMBED:
COPY
President-elect Donald Trump puts on a miner's hat while speaking during a rally on May 5, 2016 in Charleston, West Virginia.    BRENDAN SMIALOWSKI/AFP/Getty Images

What politicians don’t get: companies don’t want to create jobs

Annie Baxter Dec 1, 2016
President-elect Donald Trump puts on a miner's hat while speaking during a rally on May 5, 2016 in Charleston, West Virginia.    BRENDAN SMIALOWSKI/AFP/Getty Images
HTML EMBED:
COPY

President-elect Donald Trump gave more details today about a deal with the air conditioner company Carrier to retain about half the jobs it had planned to outsource to Mexico. About 1,000 jobs will stay, but it appears that Carrier’s parent company, United Technologies, may still move as many or more jobs.

More manufacturing jobs disappearing than staying? That’s a familiar script. The corporate strategy at many companies — manufacturers or otherwise — is to cut jobs, not create them.

Click the audio player above to hear the full story.

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.