3/24: New study shows cost of China trade to states
Atlanta Business Chronicle: New study shows cost of China trade to states
The report from the Economic Policy Institute shows the U.S. is bleeding millions of jobs as a result of the nation's growing trade deficit, primarily with China.
Since China joined the World Trade Organization in 2001, 2.4 million jobs have been lost or displaced in the U.S. as a result of the trade deficit with that nation, the report said. Georgia was among the hardest-hit states, losing 78,100 jobs over the seven-year period (2001-2008) covered by the EPI study.
In North Carolina, 95,100 jobs have been lost over the last decade, making it the second hardest-hit state in the nation.
Also in the South:
ALABAMA: State lawmakers begin working on budget
ARKANSAS: Review of foster care system in state complete
FLORIDA: Senate Bill 6 could hurt teaching profession in state
KENTUCKY: House panel approves superintendent evaluation bill
LOUISIANA: Health care reform could benefit Louisiana more than most states
MISSISSIPPI: State House drops plan for session hiatus
NORTH CAROLINA: State faces $65 billion shortfall for roads over next 20 years
SOUTH CAROLINA: Study shows SC's income tax among the weakest in nation
TENNESSEE: Meth use a big problem across Tennessee
VIRGINIA: Gov. McDonnell to sign legislation outlawing federal government's health care bill
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