March 4, 2008

NAFTA – Myths vs. Facts

The office of the U.S. Trade Representative has a great fact sheet (PDF) on NAFTA. Here's a good one:

Myth #2: NAFTA has cost the U.S. jobs.

Fact: U.S. employment rose from 110.8 million people in 1993 to 137.6 million in 2007, an increase of 24 percent. The average unemployment rate was 5.1 percent in the period 1994-2007, compared to 7.1 percent during the period 1980-1993.

Posted at Andrew Roth at 9:29 AM | TrackBack

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