Millions of jobs have disappeared

By: LinkedIn

February 26, 2018

With rising automation and lowering tariffs on trade, the US manufacturing sector has seen sharp declines for decades. According to the Bureau of Labor Statistics, after employing as much as 38% of the US workforce in the 1950s, just 9% of Americans are employed through manufacturing today — with more than 5 million factory jobs lost between 2000 and 2014, reported the Economic Policy Institute. Given the sector’s importance to rural communities and its outsized effect on productivity gains, do you think that manufacturing is vital to the strength of the US economy? Join the conversation.