To: Joe Bonforte
When, exactly was NAFTA implemented? What was the median adjusted income for white males before and since?
11 posted on
05/01/2002 9:04:03 PM PDT by
RLK
To: RLK
NAFTA began at the beginning of 1994. I don't have ready figures on income before and after, but real income (adjusted for inflation) has been slightly higher every year for which I've seen figures. Unemployment since then has averaged under 5%. For comparison, unemployment during the 1980s averaged 7.2% and during the 1970s it averaged 6.2%.
To: RLK
You can look at the graph of unemployment before and after NAFTA on
this page .
Note that it was around 6% when NAFTA came into effect. It declined steadily for several years after that.
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