Reason for loss of US manufacturing jobs complicated

Reason for loss of US manufacturing jobs complicated

The statistics are quite startling — since 2000, the United States has lost 5 million manufacturing jobs.

Ohio, Michigan, Pennsylvania, Indiana and Wisconsin account for nearly a third of the manufacturing jobs lost, with wage levels in the manufacturing sector in these states either flat or sharply down.

It should not come as a surprise to anyone that President Donald Trump, who promised to bring jobs back to America, carried all five of these states.So what accounts for this huge loss of jobs? Some of it was the result of U.S. companies shifting manufacturing operations to countries with lower wages. Maytag […]

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