Contact Me By Email

Contact Me By Email

Atlanta, GA Weather from Weather Underground

Monday, March 14, 2016

Why Donald Trump Is Wrong About Manufacturing Jobs and China - The New Yorker

Why Donald Trump Is Wrong About Manufacturing Jobs and China - The New Yorker

"None of the candidates are telling the truth. "But despite what the rhetoric would have us believe, global manufacturing is trending in a positive direction for the U.S. Factory jobs are on the rise here, and many of these new jobs are coming back to North America from China, which is struggling to maintain its manufacturing capacity. Since March, 2010, when manufacturing employment in the U.S. hit a trough of 11.45 million jobs, nearly a million new factory positions have been created, most of them in the Southern states, particularly North Carolina, South Carolina, and Tennessee. Better still, the jobs are typically good ones: across that same five-year period, average hourly manufacturing wages have increased over ten per cent, to more than twenty dollars. On the whole, U.S. manufacturing, as measured by the Purchasing Managers’ Index, has steadily expanded."

No comments:

Post a Comment