Faculty News | Charlotte Observer | 03
Panel: U.S. must find way to get ’mojo‘ rising again
Re: Jan Rivkin & Willy Shih
Rivkin cited sobering statistics. Firms are three times more likely to ship jobs offshore than bring them back to the U.S., he said. The U.S. also loses the majority of decisions on where to locate new facilities. "The high-end work is moving out just as fast as everything else," he said of high-tech manufacturing jobs and complex work such as research and development.