China and Free Trade

Doug Henwood dhenwood at panix.com
Tue Sep 4 07:21:01 PDT 2001


Kevin Robert Dean quoted:


>o Based on data from media research, more than 80
>U.S.-based corporations announced their intention to
>shift production to China between Oct. 1, 2000, and
>April 30, 2001, an estimate that may reflect only half
>of all shifts, the study's authors state. The
>estimated number of jobs lost as a result was as high
>as 34,900, compared to 26,267 jobs lost to Mexico and
>9,061 lost to other Asian countries.

While the job losses are awful news for the workers involved, these are extremely small numbers - 0.1% of U.S. employment, and a fraction of the 385,000 net new jobs created over the period. The conclusions drawn from them seem a bit overheated.

Doug



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