TTIP: don’t mention the job losses / Employment / Blogs - The Broker
TTIP: don’t mention the job losses / Employment / Blogs - The Broker:
The TTIP will lead to at least a million job losses and threaten labour standards in US and EU.
Much has been written on the potential economic impacts of the Transatlantic Trade and Investment Partnership (TTIP) currently being negotiated between the EU and US. Proponents of the agreement have paid far less attention to the impact that TTIP will have on employment. And the reason is not hard to see.
The headline finding from the official assessment of TTIP is that there will be a loss of at least one million jobs in the EU and US as a direct result of the agreement’s coming into force. This is the conclusion of the report commissioned by the EU from the Centre for Economic Policy Research (CEPR) in London at the outset of the negotiations (pdf).