Report: Tech-talent shortage in U.S. helps push R&D jobs to Asia

01/17/2012 | Wall Street Journal, The

The U.S. is losing its lead as a pioneer in science and technology as companies shift their research-and-development operations to places such as China, data show. The National Science Board says the trend is putting pressure on the U.S. job market, which lost 1.8 million tech manufacturing jobs since 2000. According to the NSB, 85% of R&D employment growth at U.S.-based multinational companies from 2003 through 2006 has been overseas, due in part to a lack of skilled talent stateside.

View Full Article in:

Wall Street Journal, The

Published in Briefs: