This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

Obama, Unions Work to Bring Back Overseas Jobs

CHARLOTTE, N.C. (MainStreet) -- An effort to bring jobs back from overseas to the U.S. is gaining steam, helped by a receptive president, a growing economy and a labor movement that has seized on it.

In recent months, unions in the auto and airline industries, typically working closely with employers, have brought back or agreed to bring back thousands of jobs from overseas to the U.S. in auto manufacturing, airline call centers and other fields.

In recent months, unions, typically working with employers, have brought back or agreed to bring back thousands of jobs from overseas to the U.S. in auto manufacturing, airline call centers and other fields.

US Airways (LCC) has been among the leaders, bringing back 400 reservation agents' jobs from Manila to Winston-Salem, N.C.; Phoenix, Ariz.; and Reno, Nev.; during the past year.

Earlier, in 2006, the carrier brought back 600 reservations jobs from Manila, Mexico City and San Salvador to the U.S. The carrier's reservations work is now done by about 1,900 agents at the three U.S. centers, who start at about $10 an hour and can earn $21 an hour, or about $44,000 annually, after a dozen years. US Airways still handles international calls in Liverpool, England.

The jobs were taken offshore in a cost-savings move during the carrier's 2004 bankruptcy, but a contract agreement with the Communications Workers of America specified that they would be returned. At one time, about 70% of reservations agents worked outside the U.S.

"It's still an uphill effort, especially in the unorganized call center industry," CWA spokeswoman Candace Johnson says. "It shows the benefit of being able to bargain with employers to bring jobs back. That's the way we see jobs coming back, because employers are not doing it on their own."

Still, in some cases, employers have embraced the effort. "Americans prefer to talk to someone in a U.S.-based call center," says Kerry Hester, US Airways' senior vice president for operations planning and support. "We have higher customer satisfaction."

"We worked cooperatively with the CWA and designed state of the art technology processes to help them to excel so we could do the work onshore," Hester said.

In the auto industry, contracts signed last year should create about 20,000 jobs at Ford (F), GM (GM) and Chrysler, with some coming from overseas.

At Ford, for instance, "As the nation's economy remains stalled and uncertain and its employment rate stagnates, we were able to win an agreement with Ford that will bring auto manufacturing jobs back to the United States from China, Mexico and Japan," UAW president Bob King said in October. Ford will bring primary production of the 2013 Fusion to Flat Rock, Mich.; the Fusion had been built in Mexico.

At GM, the new contract called for creation of 6,400 jobs at U.S. plants, with some work moved to the U.S. from Mexico.

Stock quotes in this article: F, GM, DAL, LCC, UAL 

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 +2.54 0.14%
NASDAQ 4,095.5160 +9.2910 0.23%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs