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March 8, 2008
NAFTA and Unemployment in Ohio
Don Boudreaux has the numbers; unemployment in Ohio was 6.5% and falling at the time NAFTA took effect on January 1, 1994. The state's unemployment rate hit a low of 3.9% by February 2001, and is currently 5.8%.
In other words, it's hardly evidence of tremendous harm done by freer trade between the U.S., Mexico, and Canada.
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