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1.3 Million Jobs Created By Closing Trade Deficit Says Think Tank

February 15, 2017

Trade pressure and faltering U.S. competitiveness, not automation was the main reason the U.S. lost 5.7 million manufacturing jobs between 2000 and 2010, according to a new report from the Information Technology and Innovation Foundation (ITIF).

“We keep hearing from economists and pundits that the United States has lost the bulk of its manufacturing jobs to automation, so there’s nothing we can do to get them back. But that’s simply not true,” said Adams Nager, ITIF’s economic policy analyst and the report’s author.

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