Imports, Exports, and Jobs. What Does Trade Mean for Employment and Job Loss?
by Lori G. KLETZER, Kalamazoo, Michigan: W.E. Upjohn Institute for Employment Research, 2002, 221 pp., ISBN 0-88099-247-6. In this book, the author takes on an important and timely question: what does trade =0) || (navigator.userAgent.indexOf(“WebTV”) >= 0)) { document.write(”); document.write(”); } //–> mean for employment and job loss? The short answer is that while there is a positive correlation between increased imports and job loss, the popular press focus on this aspect of trade ignores the correlation between increased exports and job growth. As a result, the naive policy prescription of restricting imports will likely also result in export reductions, which will themselves lead to job loss. The author notes that, instead, the policy implication of these findings is less one of trade policy, than one of labour market policy. That is, that while the overall effects of increased trade are positive, individual workers will suffer from job displacement and can benefit from such
