The data was reported Thursday by the Economic Policy Institute (EPI) in a study of the effect that U.S.-China trade has had on U.S. jobs. According to the report, the United States has lost 3.7 million jobs directly as a result of the trade deficit in goods.
24/7 Wall Street
February 5, 2020
California workers have been especially hard hit by the U.S. trade policy with China, the labor think tank Economic Policy Institute reports. California lost 654,100 jobs between 2001 when China entered the World Trade Organization and 2018, nearly twice the number of jobs lost by the next hardest-hit state, Texas.
CalMatters
February 5, 2020
Arizona lost nearly 66,000 jobs, or 2.2% of the state’s workforce from 2001 to 2018 according to the study by the Economic Policy Institute, a pro-labor research group focused on income inequality and related issues.
Arizona Republic
February 5, 2020
“We’ve lost a generation of skilled workers who used to be employed in those plants,” Robert Scott, senior economist and director of trade and manufacturing research at the Economic Policy Institute, told reporters on a conference call on Jan. 30. “It’s been devastating for mainstream America and for communities across the country.”
The Epoch Times
February 5, 2020
Trade deficits occur when a country is importing more than it is exporting. The annual U.S. trade deficit with China has expanded by more than $150 billion since the end of 2007, according to the new research by the Economic Policy Institute, a left-leaning think-tank with ties to organized labor.
Route Fifty
February 5, 2020
Para California, la cifra de empleos “fugados” representa casi el doble de los 334,800 que se han ido en el estado de Texas, indica un reporte de Robert E. Scott y Zane Mokhiber del Economic Policy Institute (EPI) de Washington. El EPI lo integra un grupo independiente de expertos que investiga el impacto de las tendencias y políticas económicas en los trabajadores de los Estados Unidos.
Univision
February 5, 2020
The growing goods trade deficit between the U.S. and China has cost America 3.7 million jobs between 2001 and 2018, according to new data from the Economic Policy Institute (EPI).
Yahoo Finance
February 5, 2020
Growth in America’s trade deficit with China since 2001 has resulted in the loss of nearly 4 million domestic jobs – a quarter of which were in California and Texas – according to a new report from the Economic Policy Institute. Researchers at the institute, a left-leaning think tank based in Washington, D.C., estimate the U.S. trade shortfall with China is responsible for the direct or indirect loss of 3.7 million jobs across the country – with the manufacturing industry accounting for more than three-quarters of all losses.
U.S. News & World Report
February 5, 2020
The U.S. has lost 3.7 million jobs since 2001 due to its trade imbalance with China, with most of the damage done to manufacturing, according to a report released Thursday.
As the deficit has continued to swell, American workers have suffered, according to the Economic Policy Institute, a nonpartisan think tank in Washington, D.C. generally considered to be left-leaning.
CNBC
February 5, 2020
The paper quoted the Economic Policy Institute statistic that says Massachusetts has the second-highest child care costs in the nation, with a statewide average cost of $17,062 per year for one child.
Cape Cod Times
February 5, 2020