Study: California Lost 589,100 Jobs to China from 2001-2015

By CHRISS W. STREET

A new study by the Economic Policy Institute (EPI) has found that California lost a net 589,100 jobs from 2001 to 2015, after China entered the World Trade Organization.

Researchers at EPI found that the growing U.S. goods trade deficit with China displaced a net 3.4 million jobs in the United States. About 2.6 million, or 74.3 percent, of those jobs lost were in manufacturing.

Imports from China during the 15-year period increased from $102.3 billion in 2001 to $483.2 billion in 2015. U.S. exports also rose on a rapid percentage, but from a smaller base of $19.2 billion in 2001 to $116.1 billion in 2015. EPI called the trade deficit with China the United States’ most unbalanced trade relationship.

 

Read the rest of the article at Breitbart.com: Study: California Lost 589,100 Jobs to China from 2001-2015


Get Citizensjournal.us Headlines free  SUBSCRIPTION. Keep us publishing – DONATE

 

One Response to Study: California Lost 589,100 Jobs to China from 2001-2015

  1. William Hicks February 6, 2017 at 9:19 am

    Yet California policy makers continue to get reelected even when faced with this blood letting from China.

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *