Study: 2.1 million US manufacturing jobs lost to China

Published: August 27, 2012 6:00 am ET

Related to this story

Topics Public Policy, Molds/Tooling

WASHINGTON (Aug. 27, 12:30 p.m. ET) — The U.S. has lost more than 2.7 million jobs — 2.1 million in manufacturing alone — since 2001, because of the U.S. trade deficit with China, according to a study by the Economic Policy Institute.

Between 2001 — the year China entered the World Trade Organization — and 2011, more than half the U.S. manufacturing jobs eliminated during that period were lost because of the trade deficit with China, the study said. Some 662,100 jobs were lost between 2008 and 2011 alone, despite the plunge in Chinese exports to the U.S. in 2009, it said. Those exports have since recovered and now surpass pre-2008 levels, according to the EPI.

Plastic and rubber products alone accounted for 57,600 lost U.S. jobs, with motor vehicles and parts accounting for 9,800, the study said. The computer and electronic parts industry accounted for more than 1 million lost jobs, it said.

California lost 474,700 jobs, nearly twice as many as Texas, in second place with 239,600, the study said. Also experiencing massive losses were New York (158,800 jobs), Illinois (113,700), North Carolina (110,300), Florida (106,100), Pennsylvania (101,200), Ohio (95,900), Massachusetts (92,700) and Georgia (87,300).

Chinese imports accounted for 55.3 percent of all non-oil imports to the U.S. from less-developed countries in 2011, the study said. In addition to job loss and displacement, Chinese imports have also reduced the wages and bargaining power of non-college-educated U.S. workers, who total about 100 million or 70 percent of the U.S. work force, it said.

“The EPI report offers convincing evidence that, unless China’s trade violations and currency manipulation are challenged forcefully, our growing trade deficit will continue to cripple the fledgling U.S. jobs recovery,” said Scott Paul, executive director of the Alliance for American Manufacturing. The AAM is a coalition of the United Steelworkers union and various U.S. manufacturers.


Comments

Study: 2.1 million US manufacturing jobs lost to China

Published: August 27, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Non-recyclable items gumming up the works at recycling centers

August 21, 2014 3:46 pm ET

The influx of all sorts of unacceptable items at recycling centers has gotten to the point that Charlotte, N.C.-based ReCommunity is trying to bring...    More

Image

Investment firm specializes in emerging polymer firms in Ohio

August 21, 2014 3:20 pm ET

A plastics market veteran is working with an investment firm and a research foundation to help commercialize polymer technology in the Buckeye State.    More

Image

Small country introducing plastic coins

August 20, 2014 10:48 am ET

You've heard of countries adopting plastic currency, to replace paper money. How about plastic coins, to replace metal? It's hard to believe but true....    More

Image

GameDay Challenge expands the competition to the recycling bin

August 20, 2014 10:23 am ET

GameDay Recycling Challenge is returning this year as college football stadiums will compete to see which school produces the least amount of waste...    More

Image

Flexible film waste-to-oil pilot project continuing in California

August 19, 2014 3:19 pm ET

A recent decision to discontinue operations at a plastics waste-to-oil site in Portland, Ore., is not impacting a pilot program aimed at hard-to-recyc...    More

Market Reports

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events