Steve Rattner: US Manufacturing Jobs, Wages, Declining

The Obama administration is downplaying President-elect Donald Trump’s announcement that he and Vice President-elect Mike Pence had brokered a deal to save as many as 1,000 jobs at Carrier’s Indianapolis factory, but economic analyst Steve Rattner said Thursday thousands of manufacturing jobs have been lost over the past year.

Further, Rattner told MSNBC’s "Morning Joe" panel, Trump and other officials are not addressing the issue of continually declining wages.

"We created in this country 1.8 million jobs so far this year," Rattner told the panel, asking how many of those jobs were in manufacturing.His fellow panelists threw out several positive figures, […]

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