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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 ...
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]
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 ...
The economy then immediately resumed adding manufacturing jobs, adding them each month from May to December 2020 before a small loss in January 2021. But those gains were not enough to make up for ...
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
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.
The economy added 175,000 jobs last month, according to last week's report by the Bureau of Labor Statistics. For those who prefer numbers over narrative, I made a few charts detailing the country ...
The rate of job loss due to plant closings, a typical argument against NAFTA, showed little deviation from previous periods. [16] Also, U.S. industrial production, in which manufacturing makes up 78%, saw an increase of 49% from 1993 to 2005. The period prior to NAFTA, 1982–1993, only saw a 28% increase. [13]