Home / Knowledge / News / Manufacturing employment falls
Manufacturing employment falls
Jan '08
The U.S. government reported that the United States lost another 31,000 manufacturing jobs in December in addition to the 13,000 lost in November. For the year 2007, the United States lost 212,000 manufacturing jobs.

Seasonally adjusted U.S. manufacturing employment now stands at 13.919 million. 2007 also marks the first year that U.S. manufacturing employment has fallen below 14 million since 1950.

"The growing U.S. trade deficit with China in goods is a major cause of the job losses," said American Manufacturing Trade Action Coalition (AMTAC) Executive Director Auggie Tantillo. The U.S. is on pace to run a trade deficit with China of approximately $265 billion in 2007.

Because the United States is expected to run a small trade surplus with China in services, the entire U.S. trade deficit with China will result from imports of goods.

"To stop manufacturing job losses, the United States must stop China from cheating on trade," Tantillo continued.

"U.S. manufacturers play by the rules; we pay decent wages, provide health care benefits, and respect the environment. China, however, manipulates its currency, rebates VAT taxes on exports, pollutes at will, and condones Third World wages and working conditions. How can U.S. manufacturers be expected to compete when China doesn't play by the rules at all," Tantillo questioned.

"The Unites States has an obligation to its manufacturers to hold China accountable when it cheats. That's why Congress immediately should pass strong legislation to address the currency manipulation and VAT unfairness issues. Without passage of these bills, the prospects of long-term job recovery in the U.S. manufacturing sector are bleak," Tantillo said.

Must ReadView All

Courtesy: Ikea

Textiles | On 26th Apr 2017

Ikea’s product sourcing from India to double by 2020

Ikea, the global home furnishing giant from Sweden, plans to double...

Textiles | On 26th Apr 2017

CITA to add insufficiently available fabric in CAFTA-DR

The Committee for the Implementation of Textile Agreements (CITA) has ...

Courtesy: SKF

Textiles | On 26th Apr 2017

SKF brings predictive maintenance for machinery to India

SKF India, a global supplier of bearings, seals, mechatronics,...

Interviews View All

Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Nuno Venda

‘There has been an increase in demand for water based inks, rather than...

Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search