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Jobs, working people, and Apple

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Paul Krugman got it right about Jobs and the State of the Union.  Anyone who reads the series in the New York Times this week about Jobs and Apple, that is workers and Apple, will hold their head in disbelief.  How could it get this bad?

A big report in The Times last Sunday laid out the facts. Although Apple is now America’s biggest U.S. corporation as measured by market value, it employs only 43,000 people in the United States, a tenth as many as General Motors employed when it was the largest American firm. Apple does, however, indirectly employ around 700,000 people in its various suppliers. Unfortunately, almost none of those people are in America.Paul Krugman got it right about Jobs and the State of the Union.  Anyone who reads the series in the New York Times this week about Jobs and Apple, that is workers and Apple, will hold their head in disbelief.  How could it get this bad? A big report in The Times last Sunday laid out the facts. Although Apple is now America’s biggest U.S. corporation as measured by market value, it employs only 43,000 people in the United States, a tenth as many as General Motors employed when it was the largest American firm. Apple does, however, indirectly employ around 700,000 people in its various suppliers. Unfortunately, almost none of those people are in America.

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