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Business group says imports actually support U.S. jobs

A new report on Monday credited imports with supporting 16 million U.S. jobs in a bid by business groups to improve the image of the ugly brother of trade.While politicians from President Barack Obama on down love to tout the job-creating benefits of exports, they spend much less time praising imports, which many Americans associate with shuttered factories and the move of jobs overseas.The report from a consortium of business groups said the facts are otherwise."Imports are not the bogeyman some Americans believe them to be," the report from the U.S. Chamber of Commerce, the National Retail Federation, the Consumer Electronics Association and the American Apparel and Footwear Association concluded. "It is time to give imports the credit they deserve."The report comes as several pieces of U.S. legislation that waive duties on imports are up for renewal in Congress.Those measures include the Miscellaneous Tariff Bill, which waives duties on a long list of raw materials and other product...

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    FBN’s Peter Barnes weighs in on the White House’s response to the jobs report.

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    Employers added 236,000 jobs in February, far more than analysts had expected, offering some much-needed momentum to the long-sluggish U.S. labor market.The headline...

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    FBN's Liz MacDonald on which states were helped most by government jobs .

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  11. January U.S. Private-Sector Jobs Up 192,000, Says ADP

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