employment by majority-owned nonbank U.S. affiliates of foreign
multinational corporations.
Page 9 GAO-06-5 Offshoring of … investment in the U.S. Foreign
firms investing in the U.S. employ U.S. workers. U.S. affiliates of foreign
multinational … corporations employed 5.3 million U.S. workers in 2003,
accounting for 5 percent of total U.S. employment in private industries.
8 …