Nafta's Effect On US Jobs

140 Words1 Pages
More on NAFTA’s effect on U.S. jobs is that there were concerns about NAFTA when it was first passed, such as it would cause U.S. firms to move their factories to Mexico causing significant job losses. The number of U.S. workers being displaced was caused by the growing trade deficits with Mexico from 1993 to 2013. Even though the increase in surpluses of trade predicted by economist in Mexico was supposed to increase resulting in more jobs being created did not occur (Martin, 1994; Scott, 2014).

What caused the loss of jobs in the U.S. and Mexico was the sudden outsourcing surge in production between the U.S. and investors outside the country. As outsourcing fears were propelled throughout the media, caused an increase in the foreign