BUSINESS
02/05/2012 11:17 am ET Updated Feb 05, 2012

Why Most U.S. Manufacturing Jobs Are Gone Forever: The Fiscal Times

The day after the State of the Union Address, President Obama visited a Phoenix suburb to tour Intel’s still-under-construction computer chip manufacturing plant. Its price tag – $5.2 billion – making it the largest construction project in the world outside this summer’s London Olympics. When the plant opens in 2013, it will employ about 1,000 workers, a welcome boost for a state and nation hungry for new manufacturing jobs.

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