Bad trade practices with China have cost Americans 2.8 million jobs. In the last decade, Wisconsin has lost 56,938 jobs to China, according to a report released by the Alliance for American Manufacturing.
The report comes as members of Congress consider trade agreements with South Korea, Colombia and Panama in the coming weeks. Working people in Wisconsin and across the country are questioning the benefit of these agreements and calling on lawmakers to pass job-creating policies, not bad trade deals that have been proven to destroy jobs.
Across the country, 2.8 million jobs have been lost because of skewed trade policies with China. And there is evidence more jobs will disappear if the trade deals currently before Congress are enacted. According to the Economic Policy Institute, an economic think tank, the pending Korea trade deal will destroy 159,000 jobs.
“Working families in Wisconsin know the effects of bad trade deals first-hand: job loss, destruction of our local economy and big profits for corporate CEOs who have jumped at the chance to outsource jobs in the U.S. when it helps their bottom line,” said Phil Neuenfeldt, President of the Wisconsin State AFL-CIO. “Lawmakers in Washington should be focused on real solutions to our jobs crisis, not passing more policies to enrich big corporations, take away Wisconsin jobs and hurt workers in other countries.”
For more information on this report visit: http://americanmanufacturing.org/china-job-loss