Download or read book How Trade with Mexico Impacts Employment in the United States written by Christopher Wilson and published by . This book was released on 2016 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt: The U.S.-Mexico trade relationship is huge. The two countries trade over a half-trillion dollars in goods and services each year, which amounts to more than a million dollars in bilateral commerce every minute. With such a large volume of trade, it is not hard to believe that the number of jobs that depend on the bilateral relationship is similarly impressive. New research commissioned by the Mexico Institute shows precisely that: nearly five million U.S. jobs depend on trade with Mexico. This means that one out of every 29 U.S. workers has a job supported by U.S.-Mexico trade. The model utilized in our study shows that if trade between the United States and Mexico were halted, 4.9 million Americans would be out of work. To be clear, trade between the United States and Mexico, like trade between any two countries, both creates and destroys jobs; our study takes this into consideration and finds a net gain of 4.9 million U.S. jobs as a result of bilateral trade.