Free Trade Cost Jobs
FREE TRADE COSTS JOBS How Corporate America is Rigging the System • JOBS DISPLACED BY TRADE WITH MEXICO 17.1% Share of Total State Employment Manufacturing Professional, Scientific 3.1% & Technical Administrative, Support, Waste Management 3.8% .8% Transportation 7.4% Mining 0.2% 0.4% 0.6% 7.8% Other 0.3% 0.5% 0.8% - 1.0% The North American Free Trade Agreement (NAFTA) is a treaty established between the United States, Mexico and Canada. It removes almost all international economic barriers (such as tariffs) in trade between these 3 countries. To date, 682,900 U.S. jobs have been lost or displaced since NAFTA took effect in 1994. • WHAT HAPPENED? Jobs that were once held by Americans have left to U.S. trade deficit with Mexico stands at -$97.2 billion Mexico where wages and the standards for workplace $100.0- conditions are far lower. Consumers have seen no NAFTA takes benefits in terms of costs and prices. $50.0- effect Corporate profits have soared while the wages of workers have stayed stagnant or even decreased. $-50.0 More profit is going to fewer people at the top of the economic ladder and big business continues to grow $-100.0- -$97.2 billion while small businesses are having a harder time 1994 1996 1998 2000 2002 2004 2006 2008 2010 getting off the ground. NISTS AND * INTERNA goiam.org ORKERS ONAL AS OAEROSPACE
Free Trade Cost Jobs
Source
Unknown. Add a sourceCategory
EconomyGet a Quote