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AFL-CIO Now

Showing blog posts tagged with NAFTA

How, Exactly, Does Trade Bring Prosperity?

This is a cross-post from Huffington Post by Stan Sorscher, labor representative for the Society of Professional Engineering Employees in Aerospace/IFPTE Local 2001 (SPEEA/IFPTE).

I work for a labor union in the aerospace industry. We are 100 percent in favor of trade. We make products the rest of the world wants to buy.

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Report: NAFTA Has Cost 683,000 Jobs—and Counting

To date, 682,900 U.S. jobs have been lost or displaced since the North American Free Trade Agreement (NAFTA) took effect in 1994, a new Economic Policy Institute (EPI) study finds. The main reason for the job loss is a $97.2 billion trade deficit with Mexico. In 1993, one year before NAFTA was implemented, the United States had a $1.6 billion trade surplus with Mexico that supported nearly 30,000 U.S.  jobs.  

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