Tuesday, November 14, 2006

3168 Disappearing manufacturing jobs

Since 2000, over 4.5 million manufacturing jobs have been lost nationwide. Labor and political activists are agitated. Some wonder if the country should limit its connections to the global economy.

But the country in question isn't our country--it is China. Those manufacturing jobs disappeared in the Asian country that is supposedly stealing all of our factory work. So how can China also be experiencing a net loss of blue-collar jobs? The answer, in a word, is productivity. Story here.

Total manufacturing output in the US is higher than it's ever been.

1 comment:

Anonymous said...

Always nice to read a positive article on American manufacturing. Most of my family is in manufacturing and all you hear if dreary news from most media outlets. Thanks for sharing.