Aug
12

Manufacturing Work

Manufacturing employment first hit 10 million in 8/40 and quickly hit a record 16.4 million in 1/44. The next manufacturing employment peak was 18.7 million set in 8/69, then 18.8 million in 12/73. The all-time high was 19.6 million in 6/79. Since then manufacturing employment has steadily fallen, hitting a near 70-year low of 11.4 million in 1/10. It’s now 12 million, with 14 million a complete pipe dream.

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