%0 Report %A Acemoglu, Daron %A Autor, David %A Dorn, David %A Hanson, Gordon H. %A Price, Brendan %T Import Competition and the Great U.S. Employment Sag of the 2000s %D 2015 %8 2015 May %I Institute of Labor Economics (IZA) %C Bonn %7 IZA Discussion Paper %N 9068 %U https://www.iza.org/publications/dp9068 %X Even before the Great Recession, U.S. employment growth was unimpressive. Between 2000 and 2007, the economy gave back the considerable employment gains achieved during the 1990s, with a historic contraction in manufacturing employment being a prime contributor to the slump. We estimate that import competition from China, which surged after 2000, was a major force behind both recent reductions in U.S. manufacturing employment and - through input-output linkages and other general equilibrium channels - weak overall U.S. job growth. Our central estimates suggest job losses from rising Chinese import competition over 1999 through 2011 in the range of 2.0 to 2.4 million. %K trade flows %K labor demand