The Shocking Decline of Manufacturing In The U.S. By Michael Snyder
Since the year 2000, the United States has lost five million manufacturing jobs even though our population has grown substantially since that time.
Back in 1960, 24 percent of all American workers worked in manufacturing. Today, that number has shriveled all the way down to just 8 percent.
Workers transitioned from the fields to the factories. Now they are moving from factories to service counters and health care centers.
The fastest growing jobs in America now are nurses, personal care aides, cooks, waiters, retail salespersons and operations managers.
At this point, the total number of government employees in the United States exceeds the total number of manufacturing employees by almost 10 million…
We have been running a yearly trade deficit of between 400 billion dollars and 600 billion dollars for many years…
When you have got about half a trillion dollars more going out than you have coming in year after year that has severe consequences.
Source: The Economic Collapse Blog
http://www.thetradingreport.com/2016/09 ... n-the-u-s/