How Big Really is the Outflow of Jobs to Mexico?

While presidential candidate Donald Trump claims there is a “tremendous outflow of jobs” from the United States to Mexico, economists have found it to be more of a trickle. A study by the Peterson Institute for International Economics concluded that while imports from Mexico have displaced 203,000 jobs, exports to the country have supported 188,000 US jobs. Therefore, only around 15,000 jobs have been lost, which is a very small portion of total US employment:

Some economists, pointing to the $61 billion U.S. trade deficit with Mexico, say Nafta is responsible for a higher number of job losses.But pretty much all would agree that imports from China, where the trade deficit measured a whopping $367 billion last year, are a bigger problem for the U.S. economy.

You can read the full article here: http://blogs.wsj.com/economics/2016/09/01/donald-trump-says-the-outflow-of-jobs-to-mexico-is-tremendous-how-big-is-it/

 

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