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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]
Numbers listed from 1941 and onward are Bureau of Labor Statistics data [7] of nonfarm jobs (in thousands), and are shown from the year beginning and ending each presidential term. The monthly statistics are quoted from January, as U.S. presidents take office at the end of that month.
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 ...
Production at factories increased 1.0% on a year-on-year basis in January. Manufacturing, which accounts for 10.3% of the economy, has been recovering as the U.S. central bank started cutting ...
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 ...
July 2010 - 58,000 jobs lost (143,000 Federal Census jobs lost) [6] August 2010 - 51,000 jobs lost; September 2010 - 27,000 jobs lost (According to U.S. Labor Department, 64,000 private sector jobs are added but a net loss of 95,000 jobs are due to government layoffs) [7] [8] October 2010 - 220,000 jobs created (Private sector jobs net increase)
Driven largely by investments in chip fabs and electric vehicle plants, this data shows that a bet on the US manufacturing base is not just being talked about but acted on by domestic firms.