Florida Lost 115,000 Jobs to China Between 2001 and 2010

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It's not news that Americans love buying cheap Chinese-made goods, but the disparity between how much we import from China and how much we export to the country has resulted in about 2.8 million American jobs being displaced to China between 2001 and 2010. Florida has been particularly hard hit, as according to the Economic Policy Institute, we've lost 114,400 to China over that time. That's the fifth most of any state.

Florida isn't typically thought of as a major hub of manufacturing, but the state does, or well, used to excel in certain areas of ;manufacturing like medical devices according to 247WallSt.com. Most of the jobs lost to China, in Florida as well as across the United States, have been manufacturing jobs.

The effects of the trade deficit with China has had implications on employment beyond just manufacturing.

"Competition with low-wage workers from less-developed countries such as China has driven down wages for workers in U.S. manufacturing and reduced the wages and bargaining power of similar, non-college educated workers throughout the economy," finds the EPI. "The affected population includes essentially all workers with less than a four-year college degree--roughly 70% of the workforce, or about 100 million workers."

Have fun on that next trip to Walmart!

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14 comments
women shoes
women shoes

"Florida has been particularly hard hit"

No, there is nothing "particular" about them Their losses were perfectly proportional to their population.

Eddie
Eddie

Oh,that’s a good idea! I am very interested in the way you said, I will try tomake their own, what you said to me a lot. Have time to look at my shoppingstore http://www.7century.com, thank you!

Eddie
Eddie

Oh,that’s a bad news! I am very interested in the way you said, I will try tomake their own, what you said to me a lot. Have time to look at my shoppingstore http://www.7century.com, thank you!

Johny C.
Johny C.

I lived in Florida for 5 years, Orlando then Tampa. I moved from Florida to Oregon a Year/half ago and haven't regretted it since. Florida is a waiting room for old people to die. The governor doesn't care about its people. Just profits for his drug testing company.

dewalt sale
dewalt sale

If we want to get back on track we need to start creating products again.

Cowboy
Cowboy

This is where Chinese communism rules over American democracy and Indian work values rules over American capitalism

Electronic Cigarette
Electronic Cigarette

And how much money have the locals been spending at Walmart these past few years?

Sir Sausage
Sir Sausage

Those with college degrees and well paying jobs are also at risk of being outsourced nowadays.  Big corporations here in Miami, such as Accenture and Burger King, outsource tons of jobs to Indians.  Of course with the second highest corporate tax rates in the world, its no wonder companies don't like doing business here.  Bah.

As
As

Indian work values?

Jules Winnfield
Jules Winnfield

Poor job creators! We should lower the tax rate, so they can create more jobs...overseas.

repub fan
repub fan

Accenture and Burger King are doing business here- they're just outsourcing their jobs.Don't worry, though.  As republicans destroy the rest of the unions and our wages sink to the level of poorer countries they will bring their jobs back. Or maybe not. 

Sir Sausage
Sir Sausage

Or we can just sit around hoping for all that "change"?

Sir Sausage
Sir Sausage

Unions are useless.  The days of 20 hour workdays in a stifling hot factory or pitch black coalmine are long gone

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