The President should make clear that restoring the competitivenessof the ailing steel industry means making hard choices to reducegovernment intervention and force the industry to take advantage ofinnovation and restructure to respond more effectively to consumerdemands.
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The study also looks at how imports support jobs in states across the U.S. as well as trade policy initiatives pending before Congress and the administration with the potential to preserve or diminish import-related jobs.
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Pic: Shutterstock Imports support more than 21 million jobs across the US, including a net positive number in every US state, according to a recent study commissioned by nine American business organisations. Nearly 8 million of the jobs related to importing are held by minorities and 2.5 million jobs are held by workers represented by unions. These jobs pay competitive wages.
The 10 states accounting for the largest number of import-related jobs are California, Florida, Georgia, Illinois, New Jersey, New York, Ohio, Pennsylvania, Texas and Virginia, said the report titled
Imports Work for American Workers.
Imports from key trading partners including Canada, China, the European Union and Mexico support a net positive number of US jobs. The vast majority (96 per cent) of companies who import are small or medium-sized businesses.
Senior Director, Media Relations
WASHINGTON– The National Retail Federation today joined eight other business organizations to release “Imports Work for American Workers,” an economic impact study which found that imports support more than 21 million American jobs.
“Imports are a vital component of the U.S. economy.”
Jonathan Gold, NRF Vice President of Supply Chain and Customs Policy.
The study focuses on the net impact of imports on U.S. jobs including statistics on sectors such as retail, apparel, transportation, manufacturing and consumer technology. The study also looks at how imports support jobs in states across the U.S. as well as trade policy initiatives pending before Congress and the administration with the potential to preserve or diminish import-related jobs.