Millions of “middle-skill” jobs – well-paying jobs that require post-secondary education and credentials but not a four-year degree have remained steadily in demand among employers. The U.S. federal government could also help create millions of new middle-skill jobs by passing an infrastructure bill.
Learn about empowering women who trade around the world. When more women are involved in trade, a country’s productivity and competitiveness increase.
The Kearney Reshoring Index shows if trade tension with China and COVID-19 pushes American companies to bring manufacturing “back” to the United States.
The UK has provided an example of how to reinvent the process of public engagement on trade to prepare for the upcoming U.S-UK trade negotiations.
Jobs in service industries have been hit hardest by the COVID-19 pandemic. As economies recover, the long-term plight of young workers will need attention.
Suffolk is the most caffeinated city east of the Mississippi thanks to booming coffee trade through the nearby Port of Virginia. Here’s a look at how trade drives economic development in this flourishing coffee cluster.
Labor provisions are an increasingly important feature in trade agreements. But do they work? Despite the attention paid to labor provisions in trade deals like USMCA, domestic policy, not trade agreements, might be the most direct – and most effective – way to improve workers’ lot, especially in advanced countries like the United States.
We long ago stopped having to make everything we need: forging tools, handcrafting shoes from hides and weaving textiles for clothing. The expansion of global trade is affording us the opportunity to rediscover and reinvent the art of “making” itself, which could in turn profoundly impact what we make and what we trade.
Many industry observers are sounding alarms about the looming impact of automation, robots and 3D printing, which they fear will destroy jobs, disrupt value chains and maybe even reduce the need for international trade. But data and evidence don’t support the hype.
Working class Americans have been unable to compete for jobs demanding specialized technical skills, while the places they live have been hollowed out by shifts in global supply chains and the death of low-skilled manufacturing. So long as these workers feel left out of the economic mainstream, they will remain a potent political force, including in the upcoming 2020 election.