Tag Archives: epi

China is Responsible for US Manufacturing Job Loss

This manufacturing job loss can be traced to growing trade deficits throughout the decade, and the collapse of manufacturing output following the Great Recession—not rapid gains in productivity brought on by technological advancements—according to Manufacturing Job Loss, a new issue brief from EPI.
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Income Levels, Poverty Rates Unchanged as U.S. Economy Languishes

“The failure to see any significant reduction in poverty over the last several years is a direct consequence of the continued weakness in the labor market.” Continue reading

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Growing Chinese Trade Deficit Costs U.S. $37 Billion in Wages

The trade deficit with China cost the U.S. economy $37 billion in lost wages in 2011, a new Economic Policy Institute report finds. Continue reading

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