Trump announces 8,000 job creations by Japan
Donald Trump has announced the plans of a Japanese tycoon to bring 8,000 jobs to the United States.
These could be the first of the 50,000 jobs that technology billionaire Masayoshi Son pledged to create after his meeting this month with the president-elect.
Faced with the enormous size of the economy, this number of new jobs is unlikely to have any major impact.
However, it is another example of how Trump pushes among voters the belief that he is actively working for their welfare.
Trump made his announcement Wednesday during a hectic day in which he accused President Barack Obama of posing “provocative” obstacles during the transition of power and noted that the outgoing government has treated Israel with “total disdain.”
Son is founder and CEO of SoftBank, one of Japan’s largest technology groups. He owns the US cell phone company Sprint, which Trump said could bring back 5,000 jobs to the United States. They are also controlling OneWeb, which according to the president-elect, could hire 3,000 workers.
It is unknown if the president-elect referred to the commitment that Son announced on December 6 to invest $ 50 billion in the United States and create 50,000 jobs.
Trump said that the 8,000 new jobs “are due to events, encouragement and hope.”
However, the US job market has been strong for much of 2016. Employers have created more than 2.2 million jobs in the last 12 months, an indication of the economic health that precedes Trump’s presidential victory.
Sprint has been struggling since SoftBank acquired it in 2013. The cell phone company cut some 9,000 jobs from 2012 to 2016, reducing its staff to 30,000 employees, according to annual reports.
Sprint’s attempts to merge with its rival T-Mobile failed in 2014 due to objections from competent authorities to do two of the four largest mobile phone companies in the United States.
Analysts say the Trump government may be more likely to authorize cell phone mergers, including an agreement between Sprint and T-Mobile.
Sprint CEO Marcelo Claure said in a statement that the company is “excited” to work with Trump.
“We believe it is crucial for business and government to work together to create more job opportunities in the United States and ensure the prosperity of all Americans,” said Claure
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