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A graph of manufacturing employment rates in the United States between 1920 and 1940. Data was obtained from the U.S. Census Bureau Statistical Abstracts and converted into SVG format by me. The relevant information is in this PDF document, page 17, column 130. Date: 21 January 2008: Source: Own work: Author: Crotalus horridus: Permission ...
This work is in the public domain in the United States because it is a work prepared by an officer or employee of the United States Government as part of that person’s official duties under the terms of Title 17, Chapter 1, Section 105 of the US Code.
Figure 1-Job measures: The blue line (left axis) is the ratio of manufacturing jobs to the total number of non-farm payroll jobs. It has declined since the 1960s as manufacturing jobs fell and services expanded. The red line (right axis) is the number of manufacturing jobs (000s), which had fallen by nearly one-third since the late 1990s. [14]
The data suggests manufacturing jobs are in a permanent decline. Even so, we're now Gone are the days you could graduate high school, get a job at a local factory, and have a job for life.
Manufacturing employment, like overall employment, plummeted as much of the US economy shut down in March and April 2020 – shedding 1.3 million jobs in April 2020 alone.
While the steepest manufacturing job losses under Trump occurred during the pandemic, the losses did start before the pandemic; the economy experienced a net loss of 48,000 manufacturing jobs over ...
A straightforward long-term decline in the output of manufactured goods or in employment in the manufacturing sector. A shift from manufacturing to the service sectors, so that manufacturing has a lower share of total employment. Such a shift may occur even if manufacturing employment is growing in absolute terms
U.S. manufacturing activity slumped to a 15-month low in October and factories faced higher prices for inputs. The Institute for Supply Management (ISM) said on Friday its manufacturing PMI fell ...