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U.S. jobs gained and lost through trade: a net measure

Erica Groshen (), Bart Hobijn () and Margaret M. McConnell

Current Issues in Economics and Finance, 2005, vol. 11, issue Aug

Abstract: Recent concerns about the transfer of U.S. services jobs to overseas workers have deepened long-standing fears about the effects of trade on the domestic labor market. But a balanced view of the impact of trade requires that we consider jobs created through the production of U.S. exports as well as jobs lost to imports. A new measure of the jobs gained and lost in international trade flows suggests that the net number of U.S. jobs lost is relatively small-2.4 percent of total U.S. employment as of 2003.

Keywords: Labor market; Exports; International trade (search for similar items in EconPapers)
Date: 2005
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Handle: RePEc:fip:fednci:y:2005:i:aug:n:v.11no.8