American employers have found that far too many Americans “graduate” college and can’t read, write or do basic math. But they can recite all the evils of Western Civilization and tell you 100 reasons why Christianity and Judaism are wrong. Maybe their “A” in feminist studies isn’t so valuable at all in the workplace.
Also, the US government tells businesses what to do, just short of actually setting prices for them to charge. The government is a silent business partner which does no work, makes you do more work, takes no risk, invests no money in the business, and generally is a pain in the drain.
Every large company I know of considers the US to be a “high cost” place to do business. Compared, of course to China, India, Mexico, Czech Republic, Vietnam, or wherever. And there are no barriers to moving jobs anywhere in the world, it’s a business decision.
Federal minimum wage laws and other mandates establish a de-facto cost of doing business in the US. Because states are bound by these laws equally it’s difficult if not impossible to convince a company that some areas can be economically competitive. Abolishing the federal minimum wage would restore competitiveness and make it possible for some lower cost areas of the US to compete more effectively to keep jobs at home.
Note it doesn't say American company. That's like hiring a USA-domiciled illegal immigrant.