We hear about US jobs outsourced overseas ('stolen') but what about the 7.1M insourced jobs we ‘steal’ from abroad? - AEI

We hear about US jobs outsourced overseas ('stolen') but what about the 7.1M insourced jobs we ‘steal’ from abroad? - AEI
Carpe Diem

"We’ve heard a lot of criticism over the last several years, especially from President Trump and many of his economic advisers and supporters, about US firms outsourcing factory jobs overseas, along with accusations that countries like Mexico, China, and Japan are “stealing US jobs” (see more than 20,000 Google search results for “Trump” + “stealing jobs”). 

...What we don’t hear very much about from Team Trump are the jobs that are “insourced” into every US state by foreign companies, even though those insourced jobs totaled more than 7.1 million Americans and represented 5.6% of all private sector US jobs in 2016 based on new preliminary data released this week by the Bureau of Economic Analysis on “Activities of U.S. Affiliates of Foreign Multinational Enterprises in 2016.” 

The map above (thanks to AEI’s Allison Torban for assistance) shows the thousands (and in half of the US states the hundreds of thousands) of insourced jobs in each US state in 2016.

Here are some key statistics on jobs insourced to the U.S. that highlight some of the significant economic benefits to the U.S. economy from the thousands of foreign-based firms that outsource jobs and production to the U.S.:

• More than 6,000 US affiliates of foreign multinational enterprises (MNEs) employed 7.1 million American workers in 2016, an increase of 3.9% from 2015, adding roughly 300,000 to the US economy..."
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