The United State’s trade deficit with China has cost Oregon 47,900 jobs since 2001, a new study reports.
The United State’s trade deficit with China has cost Oregon 47,900 jobs since 2001, a new study by the Economic Policy Institute reports.
The liberal Washington, D.C., think tank calculated that Oregon has been hit by more job losses to China than all but three other states. Only New Hampshire, California and Massachusetts suffered greater job losses as a share of total employment due to China’s trade policies.
Oregon’s Silicon Forest, the Washington County technology belt between Beaverton and Hillsboro, has been among the hardest-hit areas in the nation. That’s because the trade deficit with China in computer and electronic parts grew the most.
Read more at The Portland Tribune.