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Smyrna's Unemployment Rate Dips; Home Depot Sending Jobs Overseas

The Jonquil City's unemployment rate is still higher than the national and state averages according to data released by the Georgia Department of Labor.

Smyrna’s unemployment rate was down to 10.9 percent in September from 11.1 percent in August.

That’s still higher than the state’s rate of 10.3 percent and the U.S. unemployment rate of 9.1 percent last month.

Around 160 citizens found employment in Smyrna, in September, according to data released by the Georgia Department of Labor.

The City has a labor force of 28,253 people. Estimates show 25,185 people are employed.

Meanwhile from Vinings, WSB-TV is reporting that The Home Depot is shifting white collar jobs from its 2455 Paces Ferry Road headquarters to India. The company has reportedly laid off hundreds of its Vinings-based work force, while at the same time hiring hundreds of workers offshore.

The news station revealed that in the last decade, according to national labor statistics, U.S. companies have eliminated 2.9 million jobs at home, while also creating 2.4 million jobs overseas.

Rio October 27, 2011 at 07:37 PM
What a shame to hear this about Home Depot. Don't get me wrong, I think Home Depot is an excellent company. They so an unbelievable amount of work in the Non-profit community and donate so much back to the community. But during these tough economic times it is disheartening to hear of companies moving jobs overseas. I remember a story I read a few weeks ago about Otis Elevator moving jobs Back to the US instead of away from the US. I hope that more companies can bring jobs back here. Here is the story on Otis Elevator. http://online.wsj.com/article/SB10001424052970204294504576614973286731008.html
Skiime October 27, 2011 at 07:51 PM
I don't really know why this is a surprise. Home Depot has been doing this for years. They have always used Indians for IT contractors. This is just one more step for them.
mary kirkendoll October 27, 2011 at 08:49 PM
Jobs are NOT coming back to America. When are people going to WAKE UP & quit relying on false hope? ...oh,... but we must be all nice ,click our heals,.. & just believe!! Don't people understand,.. we lived high on the hog,... OUR TIME IS UP! We lived too long on BORROWED MONEY!! Our country is surviving on a Chinese whim. India's population(1.2 billion) will be moving up, up, up. They are becoming more educated & their time is coming. This makes them big consumers w/ a cheap labor force!! China's factory workers are being paid .50 cents a DAY!! Much of their population of 1.3 billion are working now (in global & american owned factories), Their new employment oportunities will make them all consumers, too!! The jobs just ain't comin' back! The rich will keep what they have,continue to make money off their money... they will be prepared,...(protected,in their fortresses, behind the gates) Bernie Markus will be prepared!! Bernie Marcus made a decision to hire illegals (while he could get away w/ it) & make his store signs in spanish & english. This was a business decision! All the companies gone global,... don't have committment to Americans. They will make money wherever the opportunity presents itself. Brazil, keep an eye on Brazil,.. too!
Mike October 27, 2011 at 09:05 PM
Very sad to hear local people lose their jobs and have them moved thousands of miles away..."am I my brothers keeper"? We have to take care of Americans and companies have got to understand Americans working= a better America. People are our most valuable resources, not expendable line items on an excel spreadsheet. Very sad to hear this.
Rio October 27, 2011 at 09:10 PM
Very true Mike. I don't know if you went to the link I posted in my above comment, but some companies are bringing their factories and jobs back to America. Otis elevator is the company mentioned in the story I referenced, but there are others too. These are companies that care about the American economy. I hope other companies wake up as well and realize how important it is to keep jobs here and not send them overseas.
Richard Steiner October 28, 2011 at 05:34 AM
The story has been pulled from WSB's site. My wife (who works at the HD Store Support Center) said a memo was distributed internally saying there was no basis to the speculation that new outsourcing was planned. I guess folks there were not happy (understandably). Too bad the original article was pulled, and it looks like Home Depot also posted a response to the WSB web site that was also pulled. I would have been interested in reading it myself.
Richard Steiner October 28, 2011 at 05:36 AM
Oops, I guess it's back now. It was gone this afternoon.
Carol October 28, 2011 at 12:19 PM
You must remember that we as Americans do have a vote and it is with our dollars. If we continue to purchase from the companies that do not have America's best interest in their plans, then we too are supporting their anti-American labor policies.
Rachel Cherall October 28, 2011 at 03:42 PM
They've been doing it for years. Even bringing in people from India to be trained by the people who were going to be laid off after they finished training the people from India. Caucasians and African-Americans have been laid off in droves from HD, but not any of those people who relocated here from India. Like a Daddy turning on his own children.
Erik Fernald October 29, 2011 at 12:06 PM
People need to wake up to the fact that Home Depot makes decisions for what is in the best interests of Home Depot and its shareholders. If the make poor business decisions the profitability of the company goes down and the stock gets hammered. We saw this with Home Depot for years. They changed their business model to compete with global competitors. The option was compete or fail, they chose to compete. Many ordinary people own a share of Home Depot, they have the vote. They voted as shareholders in a company for the leadership to make sound business decisions, as is their right. If you do not like the decisions they make you can do 2 productive things, buy shares in the company and vote out the leadership, or build a competing model based on American products purchased here. Investors will most likely stick with the Home Depot model because it makes money. If you can convince investors to invest in your less competitive, but heart based, model good luck to you. They will not be lining up. Minimum wage goes up, prices go up, jobs go overseas that much quicker, do the math. There is a direct correlation with the rise of minimum wage and unemployment going up, it is not hard to figure out.
Chaz Holbrook October 29, 2011 at 12:20 PM
They'll go offshore until they realize how unprofitable it is. There's a trend for corporations to bring all of their operations back to the US. Too bad HD won't learn from their mistakes. The cultural differences, language differences, increase in salaries in these countries are forcing them to leave. Just wait the next thing you'll hear about HD is that they're closing offshore operations.

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