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Posted at 12:57 PM ET, 01/31/2011

How much do we need to export to create one job?

By Ezra Klein

It took $165,000 of exports to support a single job in 2008, according to a report by the Department of Commerce, compared with GDP per worker of only about $100,000 in that year.

Via the Economist.

By Ezra Klein  | January 31, 2011; 12:57 PM ET
 
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Comments

Of course, as China, India, and more of the emerging world becomes richer and able to buy more of our iPads, etc., that number should go down and we win the future.

Posted by: imartinez28 | January 31, 2011 1:27 PM | Report abuse

You do understand that the IPad is actually manufactured in Taiwan, right?. Yes, the IPad was designed here, and it is sold here, but someone buying an IPad in China makes Steve Jobs and investors in Apple richer, not the economy, or jobs here, as a whole. It actually increases employment in Taiwan and has a broader benefit to the Chinese labor force who will sell products and components made on the mainland to the Taiwanese making the IPad.

Posted by: elkiii_2008 | January 31, 2011 2:38 PM | Report abuse

Exports aren't the only way to support jobs.

Posted by: staticvars | February 1, 2011 11:58 PM | Report abuse

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