American Companies are Hiring -- in other Countries

Millions of Americans would like to find a job, but American Companies are hiring 1.4 million workers over Seas...

I find it interesting that many American companies like Caterpillar Inc. are locating facilities in Germany, a unionized nation with high wages and lots of environmental regulations. Other companies are locating in India and China, where the middle class is growing. Meanwhile, back in the states, America's middle class is shrinking, along with its purchasing power. 

Link to article

Jobless rate hits 9.8% in America

Sobering news on unemployment statistics from the New York Times: