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International Relations and
Job Prospects
- Surging foreign trade now accounts for up
to a quarter of the economy of California
- 30% of the future growth rate of the US
economy is related to foreign markets
- It is expected that more then 65% of all
new jobs that will be created in the US in the future will be related to
international markets
- According to the President of the United
States, 83% of all non-minimum-wage jobs in the US, at the present, are
related to international markets
- The average gross annual salary for an
International Business graduate in 1996 was $35,044 and 34.1% of them
earned a salary of $40,000 or more
- Every additional billion dollars worth of
exports by American companies will create around 20,000 jobs in the US
in the short run and 50,000-70,000 jobs in the long
- Over 100,000 Californians are currently
employed by the auto manufacturers of Japan and South Korea
- When performing the same task at a company
that deals with international trade, the employee will recieve a pay
14-17% higher then those working in companies that do not
- International trade and investment are a
vital part of our State's economy. In fact, one out of every
seven jobs in California tied to trade
- While our State was losing 800,000 jobs
since May of 1990, more than 232,000 jobs were being created through
exports
- In its January 16, 1998 edition, Los
Angeles Times reported that "Exports account for more than 850,000
jobs in the five-county Los Angeles region..."
- The report continues that "An
estimated 14% of the total employment in Los Angeles, Orange, Riverside,
San Bernardino and Ventura counties is directly or indirectly related to
export manufacturing and services.."
- According to a recent survey, 86% of
corporations report that they will need managers and employees with
greater international knowledge in the decades ahead (University of the
pacific catalog)
- In 1994 California's export sale was $78.2
billion
- During the past three decades, the share
of US gross national product represented by exports and imports has more
than doubled. According to one recent estimate, exports now amount
to roughly 23% of total output of manufactured goods and imports nearly
28% of domestic consumption of manufactured goods. As a result,
millions of American jobs are now linked to trade flows
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