Sunday, May 19, 2024

Biggest loss of manufacturing jobs came before China joined the WYO

Tweet from Gene Epstein. He is a former Economics & Books Editor at Barron's.

"Re @jimtankersley on "China Shock of early 2000s, when China’s acceptance into World Trade Org helped wipe out manufacturing jobs" This tracks US factory jobs as % of all private sector jobs: 4/1969-4/2024. Biggest wipe-out occurred NOT since 2002 (-5%), but 1969-2002 (-18%)."


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