Globalization: U.S. Economy Lost Nearly 700,000 Jobs Because Of NAFTA, EPI Says

U.S. Economy Lost Nearly 700,000 Jobs Because Of NAFTA, EPI: "When the North American Free Trade Agreement was first signed in 1994, proponents said it would eventually create jobs for the U.S. economy.

17 years later, a new report estimates, the American worker only has hundreds of thousands of job losses to show for it.

According to a report by Economic Policy Institute economist Robert Scott, entitled "Heading South: U.S.-Mexico trade and job displacement after NAFTA," an estimated 682,900 U.S. jobs have been "lost or displaced" because of the agreement and the resulting trade deficit."