MAKAVELI
Well-Known Member
Great point Bacha.The US output of manufactured goods has quadrupled since 1980 but it's being performed by one fifth the number of workers. The job figures for November bear it out. We lost 4000 manufacturing jobs but created 63,000 new business sector jobs. The manufacturing jobs are not coming back It's like Mnuchi said that just the other day. He said the only way to counter the trend is to increase US exports. Manufacturing jobs in the future will be fewer in number and require much higher training, skills and education than what was required back in the 1950's.
U.S. has lost 5 million manufacturing jobs since 2000