Have US workers affected by the China trade shock recovered?
MIT Stone Center on Inequality & Shaping Work
@mitshapingworkAbout
The James M. and Cathleen D. Stone Center on Inequality and Shaping the Future of Work at MIT analyzes the forces that contribute to growing income and wealth inequality through the erosion of job quality and labor market opportunities for workers without a college degree. We identify innovative ways to move the economy onto a more equitable trajectory by carrying out cutting-edge research, developing curricula, and convening students, scholars, policymakers, and practitioners.
Video Description
MIT economist David Autor explains key findings from his recent working paper "Places versus People: The Ins and Outs of Labor Market Adjustment to Globalization," co-authored with David Dorn, Gordon Hanson, Maggie Jones, and Bradley Setzler. Places in the US which were hit hardest by the "China shock" in the early 2000s have bounced back economically, but the individuals working in manufacturing have not. Read the paper: https://shapingwork.mit.edu/research/places-versus-people-the-ins-and-outs-of-labor-market-adjustment-to-globalization/
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