Study Says Free-Trade Pacts Cost Jobs -- Loss of 27,500 in Mid-South

Summary

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WASHINGTON - U.S. Trade Representative Ron Kirk told members of the House Agriculture Committee last week that a proposed free- trade agreement with South Korea would deliver 70,000 American jobs.

But a report by the Economic Policy Institute earlier this month analyzed the terms of the agreement and concluded it would lead to displacing 159,000 American jobs in its first seven years.

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Study Says Free-Trade Pacts Cost Jobs -- Loss of 27,500 in Mid-South

The same report, "Heading South: U.S.-Mexico Trade and job displacement after NAFTA," makes the case that the free-trade agreement with Mexico and Canada that went into effect in 1994 has cost 682,900 American jobs, three-fifths of them in the manufacturing sector.

In the three states ...

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