Study: China trade wallops Oregon Jobs

| Print |  Email
Archives - September 2008
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

Downtime with the director of Barley's Angels

May 2015
Monday, April 27, 2015
BY JACOB PALMER

Live, Work, Play with Christine Jump.


Read more...

Correction: Biker dreams

The Latest
Friday, May 15, 2015
bike at ater wynn-thumbBY KIM MOORE | RESEARCH EDITOR

The Portland Bureau of Transportation is seeking input from businesses on a $5.5 million initiative to create a network of biking, transit and pedestrian trails within Portland’s central city.


Read more...

Up in the Air

June 2015
Friday, May 22, 2015
BY ANNIE ELLISON

Portland tech veteran Ben Berry is leaving his post as Portland’s chief technology officer for a full-time role producing unmanned aerial vehicles (UAVs) aimed at first responders and the military. Berry’s AirShip Technologies Group is poised to be on the ground floor of an industry that will supply drones to as many as 100,000 police, fire and emergency agencies nationwide. He reveals the plan for takeoff.


Read more...

Frothy Battle

June 2015
Friday, May 22, 2015
BY ROBERT MULLIN

Latest development in Nestlé plant saga sparks debate about the value of water.


Read more...

Can small be large?

Linda Baker
Wednesday, April 01, 2015
040115-lindablogthumbBY LINDA BAKER

Leaders in Oregon's ag sector gathered this morning in Portland’s Coopers Hall winery/taproom to discuss the role of the region as an export gateway, impediments to exporting products and solutions to containerized shipping challenges.


Read more...

Short Shrift:The threat of just-in-time scheduling

May 2015
Monday, April 27, 2015
BY AMY MILSHTEIN

Companies can benefit when they use software to meet staffing requirements and address employees' family and life commitments.


Read more...

Picture This

May 2015
Monday, April 27, 2015
BY JACOB PALMER

As a general rule, the more people with autism can be provided with visual cues, the better they will be able to understand and manage their environment. It’s a lesson Tom Keating learned well. The 61-year-old Eugene grant writer spent 31 years taking care of his autistic brother James, and in the late 1980s developed a spreadsheet that created a series of nonsense characters that grew or shrank depending on how much money James had in his account. 


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