Steelworkers Say Reactors Overseas Will Cost Jobs

President Obama is pushing nuclear power as a new source of energy and as a way to create jobs for Americans, offering loan guarantees to make it happen. Now, however, labor unions are protesting the move because they say that much of the material for new reactors will come from overseas, reducing the potential for US job growth. The trouble is that since the Three Mile Island reactor accident in 1979, the US has shied away from nuclear power and the nuclear industry has largely moved out of the US. Not surprisingly some of the equipment necessary to build a new reactor now can only be obtained from certified producers in South Korea or Japan, for instance. In an interconnected world, sometimes even providing jobs at home requires finding work abroad. – YaleGlobal