LoginOver the past decade, workers in the United States have seen employment opportunities in a number of different sectors go to China where labor is less expensive. However, some states have suffered more than others.
The Economic Policy Institute released a study that examined how individual states fared during 2001-2011. It found that during the decade, there been 2.7 million jobs lost to the Chinese workforce, the vast majority of them in manufacturing.
The state with the most job losses was New Hampshire, which saw 2.94 percent of its workforce had been moved to the Asian country, which is quickly becoming one of the largest economies in the world. Second on the list is California, which has an unemployment rate of 10.7 percent, the third highest in the nation.
According to some experts, part of the problem is the fact that the Chinese are manipulating currency to make their industry more competitive globally.
"There is a lack of willingness to put that in place," Robert Scott, the study's author, said in an interview with NBC News. "Standing by and hoping manufacturing is going to get better isn’t going to work."
Some areas have been able to succeed despite the economic downturn. The Business Journal reports that employers in El Paso, Texas, have been able to add to payrolls for 26 months in a row.
Content provided by executive search organization, MRINetwork.