PDA

View Full Version : Manufacturing Jobs Drop To Lowest Level Since 1941



variablebinary
08-21-09, 16:39
If you don't have manufacturing, you don't have a sustainable economy, period.

The stupid notion that eliminating manufacturing makes for a smarter society because it forces people to go to college is ignorant at best, and clearly a failure.


Manufacturing employment in the U.S. peaked in June 1979 with 19,553,000 jobs (data here), and by July of this year manufacturing employment had fallen to 11,817,000, the lowest level of manufacturing jobs since April 1941 (see chart above).

As a percent of the total labor force, manufacturing employment fell below 9% in July (see chart below), the lowest level in BLS history (back to 1939).

http://www.infowars.com/images/nonfarm.png



http://4.bp.blogspot.com/_otfwl2zc6Qc/So3S7XtDAII/AAAAAAAALCA/ndwHHvtfGQQ/s1600/mfg.jpg

MarshallDodge
08-21-09, 17:16
Going to college is not a bad thing but there have been many successful people that have learned a trade or invented some neat stuff without a diploma.

Did you notice how the line hovered around 18,000 since 1960? Must be all the automation that was invented that keeps it at that level.