Where are the jobs? For many companies, overseas

FILE - In ths Feb. 17,2009 file photo, an engine technician works on a vessel engine at the Caterpillar company in Friedrichsort near Kiel, northern Germany. More than half of the 15,000 people that Caterpillar Inc., maker of the signature yellow bulldozers and tractors, has hired this year were outside the U.S. (AP Photo/Heribert Proepper, file)

December 28, 2010 5:37:51 AM PST
Corporate profits are up. Stock prices are up. So why isn't anyone hiring?