U.S.-China trade, 1989-2003: Impact on jobs and industries, nationally and state-by-state

"The rise in the United States’ trade deficit with China between 1989 and 2003 caused the displacement of production that supported 1.5 million U.S. jobs. Some of those jobs were related to production or services that ceased or moved elsewhere; others are jobs in supplying industries. These jobs reflect the effect on labor demand – in lost job opportunities – in an economy with a worsening balance between exports and imports. Most of those lost opportunities were in the high-wage and job-hemorrhaging manufacturing sector. The number of job opportunities lost each year grew rapidly during the 1990s, and accelerated after China entered the World Trade Organization (WTO) in 2001. The loss of these potential jobs is just the most visible tip of China’s impact on the U.S. economy." Source: Economic Policy Institute. Download Report
Subjects : United States - China -- Trade Deficit