{"id":62,"date":"2003-10-17T12:39:58","date_gmt":"2003-10-17T16:39:58","guid":{"rendered":"http:\/\/www.brianarner.com\/weblog\/wordpress\/2003\/10\/where_are_all_the_manufacturin\/"},"modified":"2003-10-17T12:39:58","modified_gmt":"2003-10-17T16:39:58","slug":"where_are_all_the_manufacturin","status":"publish","type":"post","link":"http:\/\/www.brianarner.com\/weblog\/2003\/10\/where_are_all_the_manufacturin\/","title":{"rendered":"Where Are All the Manufacturing Jobs Going?"},"content":{"rendered":"<p>A couple days ago Kevin Drum asked if <a href=\"http:\/\/www.calpundit.com\/archives\/002431.html\">we are approaching &#8220;the end of work.&#8221;<\/a>  A subpart to that question might be: Are we approaching the end of manufacturing jobs?<br \/>\nAmerica&#8217;s ongoing manufacturing employment decline has been largely attributed to advances in technology and foreign competition.  But according to <a href=\"http:\/\/sanjose.bizjournals.com\/sanjose\/stories\/2003\/10\/13\/daily64.html\">a recent report<\/a>, the trimming of factory payrolls has been a worldwide phenomenon.  Even more striking are the job numbers from China, which due to its large trade surplus with America, has been branded a key contributor to American job loss:<\/p>\n<blockquote><p>According to the analysis, between 1995 and 2002 roughly 22 million jobs were lost globally, a decline of 11 percent. Two million U.S. manufacturing jobs were lost in that period, matching the 11 percent drop. Manufacturing employment in the 17 largest economies other than China fell a little more than 7 percent, to 89 million in 2002 from 96 million in 1995. In contrast, China&#8217;s fell a whopping 15 percent in the period, to 83 million in 2002 from 98 million in 1995.<\/p><\/blockquote>\n<p>I was surprised to China has lost that many jobs, given the competitive advantages it has with a cheap currency and a low wage workforce.<br \/>\nWhat&#8217;s the prognosis for manufacturing employment?  Not good, says economist Joseph Carson:<\/p>\n<blockquote><p>&#8220;Merely lowering operating costs is not enough for businesses to survive today. Enormous gains in technology have raised the bar on global competitiveness, punishing firms with outmoded facilities regardless of their location,&#8221; the report continues. &#8220;The giant sucking sound being heard today is not just in the U.S., but across the globe.<br \/>\n&#8220;We don&#8217;t see the pressure stopping anytime soon.&#8221; <\/p><\/blockquote>\n<p>Via <a href=\"http:\/\/www.hobbsonline.blogspot.com\/2003_10_01_hobbsonline_archive.html#106639266284606491\">HobbsOnline A.M.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<a href=\"http:\/\/www.brianarner.com\/weblog\/2003\/10\/where_are_all_the_manufacturin\/\" rel=\"bookmark\" title=\"Permalink to Where Are All the Manufacturing Jobs Going?\"><p>A couple days ago Kevin Drum asked if we are approaching &#8220;the end of work.&#8221; A subpart to that question might be: Are we approaching the end of manufacturing jobs? America&#8217;s ongoing manufacturing employment decline has been largely attributed to advances in technology and foreign competition. But according to a recent report, the trimming of [&hellip;]<\/p>\n<\/a>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-62","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-uncategorized","7":"h-entry","8":"hentry"},"_links":{"self":[{"href":"http:\/\/www.brianarner.com\/weblog\/wp-json\/wp\/v2\/posts\/62","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.brianarner.com\/weblog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.brianarner.com\/weblog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.brianarner.com\/weblog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.brianarner.com\/weblog\/wp-json\/wp\/v2\/comments?post=62"}],"version-history":[{"count":0,"href":"http:\/\/www.brianarner.com\/weblog\/wp-json\/wp\/v2\/posts\/62\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.brianarner.com\/weblog\/wp-json\/wp\/v2\/media?parent=62"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.brianarner.com\/weblog\/wp-json\/wp\/v2\/categories?post=62"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.brianarner.com\/weblog\/wp-json\/wp\/v2\/tags?post=62"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}