NAFTA Trade War: $16-an-Hour Job Lost, $2-an-Hour Job Gained

Randall Williams, a former A.O. Smith Corp. employee, stands near a forklift while working at the Southern States Allen County Farmers Service co-op in Scottsville, Kentucky, U.S., on Friday, March 18, 2016. In 2007, A.O. Smith shut its electric motor plant in Scottsville, Kentucky. To replace its Kentucky output, A.O. Smith was ramping up production in lower-cost Mexico, at a plant now owned by Regal Beloit Corp., a move facilitated by the signing a decade earlier of the North American Free Trade Agreement. Workers in the Kentucky factory made about $16 an hour, compared to about $2 per hour that the workers in Mexico make. Photographer: Luke Sharrett/Bloomberg via Getty Images
Randall Williams, a former A.O. Smith Corp. employee, stands near a forklift while working at the Southern States Allen County Farmers Service co-op in Scottsville, Kentucky, U.S., on Friday, March 18, 2016. In 2007, A.O. Smith shut its electric motor plant in Scottsville, Kentucky. To replace its Kentucky output, A.O. Smith was ramping up production in lower-cost Mexico, at a plant now owned by Regal Beloit Corp., a move facilitated by the signing a decade earlier of the North American Free Trade Agreement. Workers in the Kentucky factory made about $16 an hour, compared to about $2 per hour that the workers in Mexico make. Photographer: Luke Sharrett/Bloomberg via Getty Images
NAFTA Trade War: $16-an-Hour Job Lost, $2-an-Hour Job Gained
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Erstellt am:
18. März 2016
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