U.S. jobs displaced by the growing goods trade deficit with China since 2001 (in thousands of jobs)
Year | Jobs displaced (thousands) |
---|---|
2001 | 0.0 |
2002 | 218.1 |
2003 | 445.7 |
2004 | 852.1 |
2005 | 1,306.1 |
2006 | 1,651.5 |
2007 | 1,964.5 |
2008 | 2,030.4 |
2009 | 1,686.2 |
2010 | 2,295.0 |
2011 | 2,616.8 |
2012 | 2,764.6 |
2013 | 2,812.3 |
2014 | 2,993.2 |
2015 | 3,197.9 |
2016 | 2,965.2 |
2017 | 3,339.8 |
2018 | 3,704.7 |
Source: Authors’ analysis of U.S. Census Bureau American Community Survey data, Bureau of Labor Statistics Employment Projections program data, and U.S. International Trade Commission Interactive Tariff and Trade DataWeb database. Adapted from Rob Scott and Zane Mokhiber, Growing China Trade Deficits Cost 3.7 Million American Jobs between 2001 and 2018, Economic Policy Institute, forthcoming.