Labor

Labor, once chiefly a domestic issue, is now also a matter of US foreign policy.
US voters perceive two threats to the job market: immigration and outsourcing.
US workers worry that foreign workers are usurping their jobs both at home and
overseas, and feel anxious about their ability to keep pace with emerging economic
giants like India and China. There are signs of trouble for US workers: The
manufacturing sector has fallen below 10 percent of GDP in the United States,
technological advances that increase productivity have not increased the quality
and availability of jobs in the service sector, real wages for US workers have
declined since 1999, and organized labor has lost much of its old political clout.
Democratic candidates have responded with renewed appeals to populism, even
as growing numbers of voters recognize that old-fashioned protectionism is no
longer feasible or desirable in a globalizing world. Trouble for the US economy
suggests trouble for the global economy, too. A slowdown in the US threatens
to reduce consumption of foreign goods, which in turn imperils many countries
that depend on exports to the US - which, at 21 percent of global GDP, remains
the world's leading consumer nation.

Mark Trumbull The Christian Science Monitor, 20 February 2008
Higher productivity around the globe means that workers cannot relax anywhere
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John M. Broder and Jeff Zeleny The New York Times, 18 February 2008
Confronted by an anxious workforce, Democratic candidates strike populist themes
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David Dapice YaleGlobal, 2 February 2006
Blaming globalization for workforce anxiety in the US and Europe is misguided
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