Economic Benefits of NAFTA
National Center for Policy Analysis has a new analysis on the economic benefits of NAFTA. NAFTA critics most frequently point to the "lost jobs" but here are some facts:
- U.S. employment rose from 110.8 million in 1993 to 137.6 million in 2007, an increase of 24 percent.
- The U.S. unemployment rate averaged 5.1 percent for the first 13 years after NAFTA, compared to 7.1 percent during the 13 years prior to the agreement.
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