Apr
28

Labor Lost

196X-MG-assembly-line-aIn 11/43, manufacturing employment (ME) hit a record 16.6 million and 22 years later in 7/65, hit a new record of 16.7 million. ME then grew and peaked at 19.6 million in 6/79. By the start of the Great Recession in 1/08, there were only 13.7 million manufacturing workers. The trough was in 2/10 when ME slumped to 11.5 million. It’s now at 12.3 million and slowly rising.

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  1. Tony Ortiz says:

    Great information. I enjoyed all the information you shared last week in Garden Grove, Ca. for American Pacific Mortgage. I now follow you on twitter. Thanks

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