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Jan 23

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UPDATE – How U.S. Lost Out on iPhone Work

The N.Y. Times has an interesting article about why apple has moved all their manufacturing jobs to China, and it’s not all about cheap labor or 24 hour work days… although that helps.

“Apple’s an example of why it’s so hard to create middle-class jobs in the U.S. now,” said Jared Bernstein, who until last year was an economic adviser to the White House. “If it’s the pinnacle of capitalism, we should be worried.”

[See below the links for more information on the manufacturer in China]

http://www.nytimes.com/2012/01/22/business/apple-america-and-a-squeezed-middle-class.html

Apple

How U.S. Lost Out on iPhone Work - N.Y.Times

UPDATE:
Here’s an interesting story about the high suicide rate at Apple’s manufacturer in China:
http://www.dailytech.com/Foxconn+Installs+AntiSuicide+Nets+at+Its+Facilities/article18877.htm

Permanent link to this article: http://thetomholland.com/how-u-s-lost-out-on-iphone-work/