Legal Law

Stat Of The Week: Offshoring Of US Jobs Persists

A new Bloomberg Businessweek feature takes a deep dive into a niche area of Labor Department data, and the numbers suggest that the Trump administration’s “America First” policies have failed to slow the movement of jobs overseas. 

The publication looks at applications for Trade Adjustment Assistance, a DOL program that provides aid to workers adversely affected by international trade, noting that the data indicates “an enduring trend rather than a revolution”:

In the first three and a half years of Trump’s presidency the U.S. Department of Labor approved 1,996 petitions covering 184,888 jobs shifted overseas. During the equivalent period of President Barack Obama’s second term, 1,811 petitions were approved covering 172,336 workers. 

Click below for the full article. 

Factory Jobs Still Head Offshore Despite Trump Promises [Bloomberg Businessweek]

Jeremy Barker is the director of content marketing for Breaking Media. Feel free to email him with questions or comments and to connect on LinkedIn.

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