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IWS Documented News Service
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Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
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Joint Economic Committee (JEC)

Nowhere to Go: Geographic and Occupational Immobility and Free Trade [12 October 2011]

http://jec.senate.gov/public//index.cfm?a=Files.Serve&File_id=27894f8b-2fc7-4dad-8107-65d83dbad5c2

[full-text, 4 pages]

[excerpt]

Fair trade holds the promise of economic gains for the United States and our trading partners alike, but these gains do not come without a cost. Older workers and those without a college education are more vulnerable to the job losses that result from free trade – and these are precisely the same groups that face the most difficulties getting back on their feet in the current economy. While young people and college-educated workers may have the freedom and resources to move across the country in search of better opportunities, older Americans and those with less education often lack this mobility. The poor state of the housing market further constrains mobility, especially for those struggling to pay off their existing mortgages. Moreover, jobs are hard to come by for individuals without a college degree, and opportunities are likely to remain scarce in the years ahead, since most of the jobs expected to be created are in sectors that require education beyond high school. These effects combine to extend and exacerbate the stress on families and communities negatively impacted by free trade.

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This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

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Stuart Basefsky                   
Director, IWS News Bureau                
Institute for Workplace Studies 
Cornell/ILR School                        
16 E. 34th Street, 4th Floor             
New York, NY 10016                        
                                   
Telephone: (607) 262-6041               
Fax: (607) 255-9641                       
E-mail: smb6@cornell.edu                  
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