CAPS — February has been a bad, bad month for Americans workers. First came the totally dismal Bureau of Labor Statistics report which found that in January the long-struggling U.S. economy created only 155,000 jobs, most of them low-paying.
Then, the Indianapolis Business Journal reported that manufacturing giant Carrier will, over the next three years, relocate 1,400 jobs to Mexico. Carrier is a major air conditioning, heating and refrigeration systems producer. In a related announcement, northeast Indiana-based United Technologies Electronic Controls also will move jobs to Mexico. By 2018, 700 jobs will disappear to Mexico. Little wonder that net employment gains in the U.S. manufacturing segment have been stagnant for months. Carrier and UTEC are units of the Hartford, Connecticut-based United Technologies Corp., a Fortune 500 company with $65 billion in annual revenue. Watch the angry reaction from stunned Carrier employees here.
More bad news came from the depressed IT segment. Hertz announced that it would soon lay off 230 workers at its Oklahoma City technology center. A Hertz representative said that nationwide the total lost IT jobs will “…be larger than 230….” Labor Condition Applications for prospective H-1B visa holders have been traced back to the Hertz Oklahoma City address, a strong indication that overseas workers will take the lost American jobs.