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.

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