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.
by John Haughey, The Center Square contributor | May 18, 2021 03:00 PM Print this article
U.S. manufacturers report demand is up and with the nation poised to invest billions in the coming years on infrastructure, prospects are good for continued growth, including in Missouri where manufacturing employs 10% of the state’s workforce and contributes nearly $41 billion annually to local economies.
But significant supply chain disruptions persist with U.S. manufacturers hamstrung by six-month waits for aluminum and other raw materials while a boom in automobile and appliance sales spike demand for steel and metals by 35% to 40% on a daily, sometimes hourly, basis.
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