10 States Losing the Most Jobs to China

Filed under: International,News |
California lost the most jobs to China

California lost the most jobs to China

From 24/7 Wall St.

China is taking American jobs, labor unions, politicians and economists, have accused for some time.

The logic is simple. While a manufacturing job in the U.S. may pay $50 an hour, when salary and benefits are factored in, Chinese factory laborers make little more than a few hundred dollars a month.

With American companies moving operations to China and international companies preferring the cheaper Chinese-made goods, the Economic Policy Institute found the U.S. lost 2.8 million jobs in the past decade.

While all states have been affected, 24/7 Wall St. looked at the 10 states that lost the most jobs to China.

Read more: States Losing the Most Jobs to China – 24/7 Wall St.

List your business in the premium web directory for free This website is listed under Human Resources Directory