Friday, March 29, 2013

Imports Create Jobs

While most would concede that imports foster competition and diverse product mixes, saving the average American family thousands of dollars annually, there is a common misconception that imports come at the cost of American jobs. In fact, the opposite is true.

Increased economic activity associated with every stage of the import process helps support millions of  American jobs and analysis shows that over half a million American jobs are supported by imports of clothes and toys from China alone. These jobs are in fields such as transportation, wholesale, retail, construction, and finance.