Trade and American Jobs: The Impact of Trade on U.S. and State-Level Employment Update (2020)
Trade Partnership Worldwide, LLC, updated its periodic estimate of the number of U.S. jobs that depend on trade. We found that U.S. exports and imports of goods and services supported over 40 million U.S. jobs in 2018. This means that one in every five U.S. jobs is linked to trade. Two times as many jobs were supported by trade in 2018 as in 1992 – before the accelerated wave of trade liberalization that began with the implementation of the North American Free Trade Agreement in 1994 – when our earlier research found that trade supported 14.5 million jobs, or one in every ten U.S. jobs. Prepared for the Business Roundtable.