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What is U.S. Job Loss Rates and Globalization Insights about?

The document summarizes job loss rates in various US industries from 2003 to 2005 and discusses the impact of globalization. It finds that job losses were higher in non-tradable sectors compared to tradable sectors, indicating international trade was not the primary cause of job losses. Most job losses resulted from technological changes that increased productivity rather than trade. However, advances in telecommunications and transportation now allow more high-skill jobs to be exported, not just in manufac

Author

Rimeh Bakir

Language

EN