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China's Collaring U.S. Employment

Friday, July 27, 2012

WN.com - Europe News
Latest headlines from WN Network
China's Collaring U.S. Employment
Jul 27th 2012, 22:37

ByTOM ORLIK The arrival of hundreds of millions of cheap, diligent Chinese workers in the global economy saw America trade blue-collar jobs for low cost T-shirts and toasters. From 2000, the year before China entered the World Trade Organization, to 2011, the U.S. manufacturing sector shed 5.4 million jobs. Demographic changes mean that China's labor force already has plateaued in size and soon will start to shrink. Manufacturing...
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