In a recent study, the Economic Policy Institute analyzed American jobs lost to China between 2001 and 2011. During that time, “the trade deficit with China eliminated or displaced more than 2.7 million U.S. jobs, over 2.1 million of which were in manufacturing,” according to the report. Based on the study, the 9 states that experienced the most job loss as a result of the deficit between 2001 and 2011 are as follows:
1. New Hampshire
- Percent jobs lost: 2.94 percent
- Unemployment rate: 5.4 percent (seventh lowest)
- GDP growth: 1.5 percent (18th highest)
New Hampshire exports to China has grown at a whopping rate of 1,032 percent between 2000 and 2011, according to the U.S.-China Business Council. During the same time frame, exports to the rest of the world have grown by just 69 percent.
- Percent jobs lost: 2.87 percent
- Unemployment rate: 10.7 percent (third highest)
- GDP growth: 2 percent (11th highest)
According to the San Francisco Chronicle, executives of California companies point to “strict environmental regulations and high taxes and labor costs” as barriers for bringing jobs back to the U.S.
- Percent jobs lost: 2.86 percent
- Unemployment rate: 6.1 percent (12th lowest)
- GDP growth: 2.2 percent (seventh highest)
President Obama has claimed that Mitt Romney was heavily responsible for jobs being shipped overseas while the GOP candidate was governor of Massachusetts between 2003 and 2007. Factcheck.org notes that jobs did in fact go overseas during Romney’s time in office; however, the rate of job loss during that time actually was less compared to the four years before and after he was in office.
- Percent jobs lost: 2.85 percent
- Unemployment rate: 8.7 percent (13th highest)
- GDP growth: 4.7 percent (second highest)
Oregon’s 1st Congressional District was hit the hardest by jobs moving to China. In 10 years, 21,100 jobs have been sent to China, which is 5.44 percent of the 388,100 people currently employed in the district.
5. North Carolina
- Percent jobs lost: 2.67 percent
- Unemployment rate: 9.6 percent (fifth highest)
- GDP growth: 1.8 percent (15th highest)
According to research from Duke University, High Point, N.C., is the “Furniture Capital of the World,” but has been losing jobs to China since the 1990s.
- Pct. jobs lost: 2.66%
- Unemployment rate: 5.8% (9th lowest)
- GDP growth: 1.2% (21st highest)
China was Minnesota’s second-largest export market in 2011, with $1.9 billion in exports, according to the U.S.-China Business Council. Machinery exports totaled $544 million, making it the top export industry, followed by computers and electronics at $312 million
- Pct. jobs lost: 2.65%
- Unemployment rate: 7.5% (25th highest)
- GDP growth: 0.6% (18th lowest)
The state has experienced nearly stagnant economic growth within the past three years, with GDP growing only 0.18% between 2008 and 2011.
- Pct. jobs lost: 2.43%
- Unemployment rate: 5% (5th lowest)
- GDP growth: 0.5% (15th lowest)
The state’s GDP growth was only 0.5% in 2011, and only 0.86% between 2008 and 2011, essentially indicating stagnant economic activity. However, the unemployment rate of 5% was more than three points below the national rate and the fifth lowest in the country.
- Pct. jobs lost: 2.38%
- Unemployment rate: 8.3% (20th highest)
- GDP growth: 1.9% (14th highest)
Colorado’s 4th congressional district has been hit harder by job loss than any of the state’s other districts. The district has lost 13,800 jobs to China in a 10-year period, which is 3.91% of the current district employment of 352,500.