10 States losing the most jobs to China

[ProfessionalLeftist]

China is taking American jobs, labor unions, politicians and economists, have accused for some time. The logic is simple. While a manufacturing job in the U.S. may pay $50 an hour, when salary and benefits are factored in, Chinese factory laborers make little more than a few hundred dollars a month.

With American companies moving operations to China and international companies preferring the cheaper Chinese-made goods, the Economic Policy Institute found the U.S. lost 2.8 million jobs in the past decade. While all states have been affected, 24/7 Wall St. looked at the ten states that lost the most jobs to China.

Over the past decade, American imports from China have grown much more than what the country has been able to export into it, causing a massive loss of jobs. “Between 2001 and 2010, the trade deficit with China eliminated or displaced 2.8 million jobs,” the EPI noted in a paper released this month. As would be expected, 1.9 million of those jobs, or nearly 70%, were in manufacturing, the EPI found. The greatest damage occurred in the computer and electronic parts industry, as well as several finished manufactured goods sectors such as apparel and motor vehicles and parts.

MORE . . .

http://www.huffingtonpost.com/2011/09/22/10-states-losing-the-most-jobs-china-247-wall-st_n_975990.html

[msongs]

1. the problem is that americans buy stuff made in china then whine about lost jobs nt

[Pigheaded]

2. Because they are cheaper

And most folks don't care.

PH

[izquierdista]

14. They will, but after it's too late

After their dog is poisoned with melamine, after their house has to be condemned for drywall leaking sulfur, after the kid gets lead poisoning from his toys.

[Politicalboi]

3. We're Number ONE California!

[jaysunb]

7. Plus, they've all moved here....n/t

[qb]

4. They're mostly blue states - I guess that explains why Repukes don't give a shit.

[subterranean]

11. At least 4 of the 10 states are "red"

Texas, Florida, North Carolina and Georgia

[OhioChick]

5. Ohio #8 n/t

[Botany]

8. And who worked as the U.S. trade rep. under W bush and

..... helped to outsource jobs?

Ohio's new senator Rob Portman.

[Mimosa]

6. Some companies get Chinese 'artists' to copy the works of American 'creators'

This kind of stuff was made easy by the internet web. BUT it could be discouraged by tax policies and international copyright laws.

[valerief]

9. How's that Texas Miracle working for ya, Perry? You're number 2 in lost jobs. nt

[xchrom]

10. Recommend

[Dragonfli]

12. More Free Trade NOW!111!!!!!!! PASS THE JOBS BILL!!1

http://www.uschamber.com/sites/default/files/110905_jobs_letter.pdf


(how can the American worker go wrong when the POTUS uses Chamber of Commerce recommended policies?) :sarcasm:

[LynneSin]

13. I also noticed these are 10 of the most populous states

probably why they are losing more jobs than other states - more people working there.