Home / Knowledge / News / AMTAC blames China for Ohio's job losses
AMTAC blames China for Ohio's job losses
21
Feb '08
With the news media focus on Ohio over the next two weeks, the American Manufacturing Trade Action Coalition (AMTAC) has analyzed job gain/loss in Ohio by economic sector in report prepared by Dr. Charles W. McMillion, President and Chief Economist of MBG Information Services.

Since the end of 2000, total non-farm employment in Ohio has declined by 3.7 percent, a loss of 209,400 jobs. While Ohio employment grew slowly in the service sectors of its economy not subject to foreign competition, these job gains were more than offset by the state's substantial employment loss in sectors of the economy subject to international competition, such as the manufacturing and information services sectors, to countries like China.

Observing that the U.S. Commerce Department reported the United States imported $1.37 trillion in manufactured goods in 2007, American Manufacturing Trade Action Coalition (AMTAC) Executive Director Auggie Tantillo said, "Americans haven't stopped buying manufactured goods, but due to lax trade polices, a flood of imports from China and other countries have cost Ohio's manufacturing sector market share and are the chief reason why Ohio has lost 236,000 manufacturing jobs in recent years."

Also noting that imports from China accounted for more than 50 percent of the $499 billion U.S. trade deficit in manufactured goods in 2007, Tantillo continued , "A comprehensive policy response to China's predatory trade practices, such as itsblatant currency manipulation, rebates of value-added (VAT) taxes and other export subsidies, urgently is needed. Without this, sectors of the U.S. economy subject to international competition will continue to bleed jobs and wither from the lack of capital investment."


Must ReadView All

Courtesy: Philippine Information Agency

Apparel/Garments | On 29th Jul 2017

Philippines govt issues guidelines for garment firms

The Department of Trade & Industry-Board of Investments (DTI-BOI) and ...

Textiles | On 29th Jul 2017

Bangladesh govt takes 8 jute mills back from private firms

The Bangladesh government has taken 8 jute and textile mills back...

Textiles | On 29th Jul 2017

Textile machinery orders grow in second quarter: ACIMIT

ACIMIT, the Association of Italian Textile Machinery Manufacturers...

Interviews View All

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
61.1%
No
22.2%
Skip
16.7%

Total Votes: 18

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
33.3%
No
44.4%
Skip
22.2%

Total Votes: 18

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
83.3%
No
5.6%
Skip
11.1%

Total Votes: 18

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
50.0%
No
11.1%
Skip
38.9%

Total Votes: 18


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



X