Contact Us

U.S. Job Losses Have Mushroomed Since 2001 – What Is Happening?

U.S. losing manufacturing jobs to China
(Photo by Andrew Wong/Getty Images)

According to a report by the Alliance for American Manufacturing,  2.7 million American jobs — most of them in manufacturing — have been lost since 2001.If you’re wondering why 2001 was a key year, the report indicates a direct correlation with the U.S. trade deficit with China since it joined the World Trade Organization. Since 1995, the World Trade Organization has been the supreme overseer of trade, economic interaction, and commerce between the nations of the planet.   While some praise its efforts to build economic relations between countries and establish better ties between economies, opponents blast its one-world-economy structure, and claim it favors multi-national companies at the expense of workers and smaller businesses within nations.

WTO protests have been staged at various meetings of the group around the world, including recent protests in Seattle.

The Alliance for Manufacturing claims China’s violations of WTO agreements, currency manipulation, cheap labor and purchasing U.S. debt have cost many American manufacturing jobs. The report claims 2.1 of the 2.7 million lost jobs are in manufacturing — 55 percent in computer and electronics industries. The report claims that predatory trade and economic tactics, as well as illegal government subsidies, are making it harder for U.S. companies (and those in other nations) to compete globally.

That’s why numerous critics and economists are concerned with the trade deficit and other issues from continued use of the World Trade Organzation.

More from Newstalk 870

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://newstalk870.am using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on Newstalk 870 KFLD: The Mid Columbia's Newstalk Leader quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here.

Register on Newstalk 870 KFLD: The Mid Columbia's Newstalk Leader quickly by logging in with your Facebook account. It's just as secure, and no password to remember!