Study: China trade wallops Oregon Jobs

| Print |  Email
Monday, September 01, 2008

STATEWIDE According to a recent study by a Washington D.C.-based think tank, job loss due to trade with China has hit Oregon harder than nearly any other state in the nation. The report by the Economic Policy Institute shows that in the seven years following the admission of China into the World Trade Organization in 2001, trade with the country cost Oregon 2.9% of its workforce — the fourth-largest drop.

According to the study, 2.3 million American jobs were lost or displaced between 2001 and 2007 as the U.S. trade deficit with China increased from $84 billion to $262 billion. The reasons cited by the Institute for that deficit increase are well known to the business community: China’s manipulation of its currency, its non-tariff barriers to imports and its suppression of labor rights.

However, the study may not have fully addressed some of the factors that offset those losses. Art Ayre, employment economist with the Oregon Employment Department, could not comment on the specifics of the report. He did, however, describe how his department had attempted to do a similar analysis on job loss due to trade with Mexico but were stymied by several factors, including that trade agreements create cheaper goods for American consumers and help retain high-paying domestic jobs, all of which creates more disposable income, which in turn generates new jobs.

“We came to the conclusion that it was impossible to tell what the impacts of trade [with Mexico] were,” Ayre says.

Joy Margheim, a policy analyst with the Oregon Center for Public Policy, says she hopes the Institute’s report will remind state policy makers of the importance of safety nets — such as job retraining programs — for employees.

“In the past if you were laid off because of an economic cycle, you could get your job back,” she says. “But now we’re looking at permanent shifts in the economy.”         

ABRAHAM HYATT
ChinaTradeChart

Have an opinion? E-mail This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

More Articles

Eco Zoned

June 2015
Friday, May 22, 2015
BY HANNAH WALLACE

Travelers have always come to Oregon for its natural beauty. But will the increasing popularity of agritourism, European-style hiking getaways and forest resorts relax Oregon's notoriously strict land-use laws?


Read more...

No Boundaries

June 2015
Friday, May 22, 2015
BY AMY MILSHTEIN

Floor plans embrace the great wide open.


Read more...

Cherry Raincoat

June 2015
Tuesday, May 26, 2015
BY LINDA BAKER

Spring rains are the bane of an Oregon cherry farmer’s existence. Even a few sprinkles can crack the fruit so badly it’s not worth picking. Science to the rescue: Researchers at Oregon State University have developed a spray-on film that cuts rain-related cracking in half, potentially saving a season’s crop. The coating, patented as SureSeal, is made from natural chemicals similar to those found in the skins of cherries: cellulose, palm oil-based wax and calcium.


Read more...

Intrepid reporter checks out ZoomCare rebrand

The Latest
Wednesday, May 27, 2015
dentistthumbPHOTOS BY JASON E. KAPLAN

Like all good journalists, OB editorial staff typically eschew freebies. But health care costs being what they are, digital news editor Jacob Palmer couldn't resist ZoomCare's offer of a three-in-one (cleaning, exam, whitening) dental office visit, guaranteed to take no more than 57 minutes. 


Read more...

100 Best Green Workplaces announced

News
Wednesday, May 27, 2015
OBM-100-best-Green-logo-2015-1000pxwBY LINDA BAKER | EDITOR

More than 250 people turned out today for Oregon Business magazine’s seventh annual celebration of the 100 Best Green Companies to Work For in Oregon.


Read more...

Oregon needs a Grand Bargain energy plan

Linda Baker
Monday, June 22, 2015
0622-gastaxblogthumbBY LINDA BAKER

The Clean Fuels/gas tax trade off will go down in history as another disjointed, on-again off-again approach to city and state lawmaking.


Read more...

Change at the pump?

The Latest
Tuesday, May 26, 2015
001thumbBY JASON E. KAPLAN | STAFF PHOTOGRAPHER

New Jersey and Oregon are the only two states in the U.S. that ban self serve gas stations. But these two holdouts may be ready to give up the game. New Jersey is considering legislation that would lift the state's ban on pumping your own gas. Oregon is considering smaller scale changes.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS