This table comes from the link that Russell kindly provided. http://management.curiouscatblog.net/2006/04/07 . I have one quibble with the author though, and that is that this table would have been more informative had a column for the % change been included.Interesting stuff. Thank you Russell.
1 comment:
From 1979 to 2005 Manufacturing went from 19,426,000 employed to 14,258,000 employed: a 26% drop. Yet at the same time, manufacturing output doubled.
The author notes that in the period relevant to our trade expansion with China (1990-2004), we (the US) lost 3.3 million manufacturing jobs (19% of all mfct. jobs), yet our manufacturing output increased by 50%.
Thus his point that we lose more jobs to increased productivity then to direct competition with the Chinese.
Post a Comment