NewsFlash: October 4, 2006
Growing NAFTA trade deficits displace jobs
The growth of trade deficits since the North American Free Trade Agreement (NAFTA) went into effect, offers a clear example of how this trade deal failed to deliver promised jobs to U.S. workers. Today’s Snapshot by EPI economist Robert Scott assesses the number of jobs lost nationally and by state after NAFTA. Scott warns that NAFTA-like trade deals with other countries like Peru and Korea could have a similar impact on domestic jobs.
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