China Trade, Outsourcing and Jobs
Growing U.S. trade deficit with China cost 3.2 million jobs between 2001 and 2013
Millions of American workers lost their jobs due to the massive growth of trade between the United States and China after China joined the World Trade Organization in 2001. This growing trade deficit is especially detrimental to the U.S. manufacturing sector.
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Takeaways
2.4 million manufacturing jobs were lost due to trade with China between 2001 and 2013, accounting for 75 percent of all jobs lost to China.
Every state and congressional district but one has lost net job opportunities since China joined the World Trade Organization.
The trade deficit in the computer and electronic parts industry grew the most, resulting in more than 1.2 million jobs lost or displaced.
Resources
Video: AAM President Scott Paul on the China Job DrainPaul on the reasons why so many American manufacturing jobs have moved to China.
China Trade Costs BillionsIn 2011, $37 billion in wages were lost due to unfair China trade.
