04222018Sun
Last updateFri, 20 Apr 2018 5pm

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Manufacturing & The Economy

U.S. Manufacturing Employment Currently at 1941 Levels

“The glory days of manufacturing were the 1970s. Back then, over 19.5 million Americans earned their paycheck from factory work. It's been a fairly steady decline ever since. Today only 12.4 million workers remain in the industry,” CNNMoney reports.

“The reality is some of the jobs once done by human hands are now done by robots. U.S. manufacturing output is at an all-time high, but manufacturing employment remains subdued. It's come back a little since hitting a nadir of 11.5 million in 2009, but it's not even back to pre-crisis job levels, let alone the glory days.” 

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