August 16, 2012
U.S. manufacturing output is up 20 percent over the past three years, but factory jobs aren’t keeping pace.
US manufacturing output has risen significantly since it hit rock bottom in 2009, with a 20 percent growth over the past three years. But manufacturing jobs haven’t kept pace – only 4 percent more jobs were added over the same time period.
How big is the manufacturing workforce compared to a decade ago? Today’s infographic may surprise you. After you check it out above, weigh in below in the comment thread. Are these jobs gone for good?
Board of Governors of the Federal Reserve System: “Industrial Production and Capacity Utilization – G.17”
What Do Others Say: