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2.3 Million Jobs Lost to China since 2001

November 20th, 2008

U.S. Advanced Technology Sector Hit Hard by Trade Deficit with China

WASHINGTON – The increasing U.S. trade deficit with China has cost 2.3 million American jobs between 2001 and 2007, including 366,000 last year alone, according to a study released today by the Economic Policy Institute (EPI). These displaced workers lost an average of $8,146 last year, a total of $19.4 billion, as they moved to lower-paying jobs. Read More »

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