General Motors is still shipping jobs overseas, President Trump’s Make America Great Again wishes be damned. The automaker was the number one company to ask for retraining assistance from the government due to jobs lost to offshoring, or imports, in 2019.
GM is often not technically moving out of the U.S. and moving the same job to Mexico, but it is launching new models in Mexico and shifting its production mix south of Texas and to other low-cost centers. From an economist’s point of view, when a company changes its production mix to favor foreign locations, the net effect is to reduce U.S. production and jobs.