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Old 07-31-2008, 02:26 PM
 
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Report says China trade cost N.C. 80,000 jobs - The Business Journal of the Greater Triad Area:

Quote:
A recent report from a D.C. institute suggests that the growing trade deficit with China has cost the United States about 2.3 million jobs in six years, including almost 80,000 in North Carolina.

North Carolina ranked eighth in terms of total net job loss, at 79,800, from 2001 to 2007, according to the report from the Washington, D.C.-based Economics Policy Institute. North Carolina came in behind California, Texas, New York, Illinois, Ohio, Florida and Pennsylvania.

The state came in 10th when comparing total jobs lost to total state employment, with jobs lost representing about 2 percent of state employment. From 2006 to 2007, the state lost 12,400 jobs, it says.
I see the Triangle is not as protected as we would like to think.....
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Old 08-01-2008, 08:54 AM
 
Location: State of Being
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I think the estimate is low for jobs lost in NC . . . I would estimate the figure into the hundreds of thousands. A lot of mom and pop type businesses were lost - people who subcontracted work w/ the furniture plants, for ex. (framing, parts, etc). So they were not on the official rolls for workers who lost jobs directly from a plant closing. Plus, suppliers were impacted and even tho their businesses may have stayed opened, they had to lay off sales people . . . so simply doing a head count of people who lost jobs due to particular plants closing does not depict the situation accurately.
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