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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]
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.
U.S. manufacturing production unexpectedly fell in January, weighed down by a sharp decline in motor vehicle output. Factory output dipped 0.1% last month after a downwardly revised 0.5% rebound ...
A PMI reading below 50 indicates contraction in the manufacturing sector, which accounts for 10.3% of the economy. US manufacturing drops to 15-month low amid higher input prices: ISM Skip to main ...
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The chart of the day. ... The US manufacturing sector is in a slump. Or worse. At least that is what the story emerging from two key pieces of data out Monday seem to say.