{"id":91,"date":"2011-01-25T08:20:45","date_gmt":"2011-01-25T16:20:45","guid":{"rendered":"https:\/\/www.citizenstrade.org\/ctc\/oregon\/?p=91"},"modified":"2011-12-23T08:24:35","modified_gmt":"2011-12-23T16:24:35","slug":"37000-oregon-jobs-at-risk-under-proposed-korean-trade-pact","status":"publish","type":"post","link":"https:\/\/www.citizenstrade.org\/ctc\/oregon\/2011\/01\/25\/37000-oregon-jobs-at-risk-under-proposed-korean-trade-pact\/","title":{"rendered":"37,000 Oregon Jobs at Risk Under Proposed Korean Trade Pact"},"content":{"rendered":"

For Immediate Release<\/strong>
\nJanuary 25, 2011<\/p>\n

STATE OF THE UNION RESPONSE:<\/strong>
\nAnalysis of Government Data Shows 37,000 Oregon Jobs at Risk Under Proposed Korean Trade Pact<\/strong>
\nFederal Study Finds that Good-Paying Jobs in Electronics and Manufacturing Sectors Are Among the Most Threatened by the Korea-U.S. Free Trade Agreement<\/em><\/p>\n

PORTLAND, Ore. \u2014 Approximately 37,000 Oregonians work in industries that a U.S. government study identifies as at risk of being offshored should a proposed trade pact with South Korea be enacted.\u00a0 President Barack Obama called on Congress to quickly ratify the Korea-U.S. Free Trade Agreement (FTA) during his State of the Union address.\u00a0 According the federal government\u2019s U.S. International Trade Commission, the proposed trade agreement will increase the U.S. global trade deficit, which will negatively affect employment in industries prevalent in the Pacific Northwest.<\/p>\n

\u201cWith our official unemployment rate over 10 percent, Oregon simply cannot afford another job-killing trade agreement,\u201d said Arthur Stamoulis, director of the Oregon Fair Trade Campaign.\u00a0 \u201cIt\u2019s hard to believe that politicians would even consider supporting a trade deal that\u2019s expected to increase the deficit and cost the country jobs, let alone one that\u2019s being billed as the largest free trade agreement since NAFTA.\u201d<\/p>\n

Since the North American Free Trade Agreement (NAFTA) took effect in 1994, the U.S. Labor Department has certified 51,176 individual Oregon jobs as lost to either direct offshoring or displacement by imports.\u00a0 This figure is almost certainly low, given that service-sector jobs shipped overseas were not typically counted in the data set until mid-way through 2009.\u00a0 In terms of volume of trade, the Korea FTA is the largest pact of its type since NAFTA.<\/p>\n

The U.S. International Trade Commission (USITC), the independent federal agency tasked with estimating the likely economic effects of trade agreements, predicts that implementation of the Korea FTA would lead to an increase in the overall U.S. goods trade deficit.\u00a0 The USITC also indicates that jobs are likely to be lost in high-wage industries such as electronic equipment, motor vehicles and parts, and other transportation equipment, with deficits for these sectors totaling up to $1.8 billion.\u00a0 The average hourly earnings of workers in the electronics industry, which is projected to lose a significant number of jobs, were $30.38 in 2008.\u00a0 This was 40.5 percent greater than the average hourly earnings of all workers employed in the private sector.<\/p>\n

There are 36,999 Oregonians employed in sectors of the economy that the USITC has identified as most at risk under the Korea FTA.\u00a0 This includes 9,801 in metal products manufacturing; 9,543 in electronics; 7,163 in motor vehicles and parts; 6,190 in other transportation equipment; 1,648 in textiles; 1,630 in iron-containing metal work; and 1,531 in apparel.<\/p>\n

\u201cFinding a family-wage job is already hard enough without our elected officials making it even harder.\u00a0 If the Korea trade agreement moves forward as planned, our state will lose thousands more good-paying jobs,\u201d said Stamoulis.\u00a0 \u201cThis isn\u2019t the time for elected officials to be cutting sweetheart deals for Wall Street that come at the expense of the American middle class.\u00a0 Senator Wyden and our U.S. Representatives should speak out firmly against the Korea FTA before it\u2019s too late.\u201d<\/p>\n

Oregon Senator Ron Wyden chairs the U.S. Senate Subcommittee on International Trade, and could play an important role in determining whether or not the Korea FTA passes.\u00a0 In town hall events across the state last week, the Senator said that he is still undecided on the trade deal.<\/p>\n

###<\/p>\n

The Oregon Fair Trade Campaign (ORFTC) is a statewide coalition of labor, environmental and human rights organizations working together to improve trade policy.<\/em><\/p>\n

For a PDF of ORFTC\u2019s reporter memo titled \u201cStudies on Potential Economic Effects of Korea Trade Pact Show Rising U.S. Deficits and Job Losses,\u201d please email media@oregonfairtrade.org<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

For Immediate Release January 25, 2011 STATE OF THE UNION RESPONSE: Analysis of Government Data Shows 37,000 Oregon Jobs at Risk Under Proposed Korean Trade Pact Federal Study Finds that Good-Paying Jobs in Electronics and Manufacturing Sectors Are Among the … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[15,7],"tags":[],"yoast_head":"\n37,000 Oregon Jobs at Risk Under Proposed Korean Trade Pact - Oregon Fair Trade Campaign<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.citizenstrade.org\/ctc\/oregon\/2011\/01\/25\/37000-oregon-jobs-at-risk-under-proposed-korean-trade-pact\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"37,000 Oregon Jobs at Risk Under Proposed Korean Trade Pact - 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