Table A3

Net U.S. jobs created by eliminating currency manipulation, by state, 2015 (in alphabetical order)*

Scenario**
Low impact High impact
Rank under high-impact scenario State State employment (2011 average) Net jobs created Jobs created as a share of state employment Net jobs created Jobs created as a share of state employment
21 Alabama 1,981,095 33,000 1.67% 85,000 4.29%
49 Alaska 344,345 3,900 1.13% 10,300 2.99%
34 Arizona 2,687,990 43,500 1.62% 105,100 3.91%
14 Arkansas 1,235,755 22,500 1.82% 56,300 4.56%
25 California 16,426,695 258,400 1.57% 687,100 4.18%
38 Colorado 2,492,420 38,300 1.54% 95,700 3.84%
19 Connecticut 1,742,495 32,400 1.86% 77,000 4.42%
36 Delaware 420,365 6,700 1.59% 16,200 3.85%
51 District of Columbia 310,605 3,300 1.06% 8,200 2.64%
45 Florida 8,101,900 110,200 1.36% 274,000 3.38%
33 Georgia 4,193,775 65,900 1.57% 167,600 4.00%
50 Hawaii 629,525 7,200 1.14% 18,200 2.89%
9 Idaho 684,915 13,900 2.03% 32,700 4.77%
17 Illinois 5,926,850 107,500 1.81% 266,400 4.49%
2 Indiana 2,934,500 61,000 2.08% 152,600 5.20%
3 Iowa 1,538,755 34,000 2.21% 79,600 5.17%
8 Kansas 1,389,040 28,900 2.08% 67,000 4.82%
18 Kentucky 1,838,400 31,800 1.73% 82,500 4.49%
43 Louisiana 1,973,940 27,800 1.41% 69,700 3.53%
40 Maine 643,105 9,300 1.45% 24,000 3.73%
48 Maryland 2,894,565 35,800 1.24% 89,400 3.09%
35 Massachusetts 3,284,720 50,600 1.54% 128,400 3.91%
6 Michigan 4,191,880 82,800 1.98% 207,200 4.94%
5 Minnesota 2,728,880 55,900 2.05% 135,300 4.96%
28 Mississippi 1,181,295 18,900 1.60% 47,900 4.05%
22 Missouri 2,742,055 47,200 1.72% 116,800 4.26%
32 Montana 479,990 8,200 1.71% 19,200 4.00%
10 Nebraska 943,645 19,000 2.01% 44,200 4.68%
47 Nevada 1,204,880 16,000 1.33% 39,800 3.30%
13 New Hampshire 684,805 12,700 1.85% 31,300 4.57%
41 New Jersey 4,152,515 57,200 1.38% 150,900 3.63%
42 New Mexico 869,775 12,500 1.44% 30,800 3.54%
46 New York 8,959,015 109,900 1.23% 296,400 3.31%
29 North Carolina 4,195,810 63,400 1.51% 170,000 4.05%
12 North Dakota 370,830 7,400 2.00% 17,000 4.58%
7 Ohio 5,213,455 103,200 1.98% 254,600 4.88%
24 Oklahoma 1,681,760 27,900 1.66% 71,100 4.23%
11 Oregon 1,710,335 31,300 1.83% 78,600 4.60%
20 Pennsylvania 5,853,320 101,400 1.73% 253,000 4.32%
30 Rhode Island 511,235 8,300 1.62% 20,700 4.05%
15 South Carolina 1,968,925 35,600 1.81% 89,300 4.54%
4 South Dakota 415,625 9,200 2.21% 21,100 5.08%
23 Tennessee 2,784,460 45,800 1.64% 118,100 4.24%
31 Texas 11,455,070 179,100 1.56% 460,400 4.02%
27 Utah 1,260,805 20,800 1.65% 51,600 4.09%
26 Vermont 327,300 5,600 1.71% 13,600 4.16%
44 Virginia 3,860,130 52,500 1.36% 131,300 3.40%
16 Washington 3,118,000 61,300 1.97% 140,300 4.50%
37 West Virginia 748,560 11,800 1.58% 28,800 3.85%
1 Wisconsin 2,819,475 64,700 2.29% 156,600 5.55%
39 Wyoming 289,975 4,200 1.45% 10,900 3.76%
Total*** 140,399,600 2,300,000 1.64% 5,800,000 4.13%

*The table estimates the effects of ending currency manipulation over three years, modeled as having begun in 2013.

**The low-impact scenario assumes ending currency manipulation would reduce the trade deficit by $200 billion in 2015 relative to the trade deficit in 2012; the high-impact scenario assumes a $500 billion reduction in the trade deficit.

***Totals may vary slightly due to rounding.

Source: Author's analysis of U.S. Census Bureau American Community Survey (2013), U.S. International Trade Commission (2013),  Congressional Budget Office (2013a and 2013b), Bivens (2011), Bivens and Edwards (2010), Kondo and Svec (2009, 10), Bureau of Labor Statistics (2013d), Bureau of Labor Statistics Employment Projections program (BLS-EP 2011a and 2011b), and Zandi (2011). For a more detailed explanation of data sources and computations, see text and the appendix.

Copy the code below to embed this chart on your website.

This chart appears in:

Previous chart: «

Next chart: »