China steelt geen Amerikaanse banen

Althans niet in de auto-industrie, zoals vakbonden en bedrijven daar vaak in koor roepen. Howard French linkt naar een artikel in de Financial Times dat beschrijft dat de Amerikanen in dit geval sprookjes vertellen.

Of course, Chinese competition has claimed some US manufacturing jobs. But Oxford Economics puts the losses from 2000 to 2010 as low as 500,000 – no more than the US labour force sheds each week. Their disappearance is also partly a statistical illusion. Many manufacturing jobs are actually in services, such as finance and marketing, which yield far higher returns. As companies have disaggregated or outsourced operations, official employment data have re-allocated swaths of workers to the services sector.