Job Creators

Things about job creators and business in our country.

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Men and the Manufacturing Decline

"In many small towns across the country, there aren’t very many good jobs these days. Once there were factories that employed millions and paid decent wages. Today, young men are scraping by working at local bars or in lower-paid temp jobs. Many of these men are single, and new research suggests that those two things—their poor economic status and their singleness—are not unrelated."

"It’s no wonder, then, that the changes wrought by the disappearance of manufacturing jobs helped elevate the platform of Donald Trump, who won 67 percent of white workers without a college degree. Their malcontent comes not just from their economic struggles, but from the dramatic changes to their personal lives that the decline of manufacturing have created."

Manufacturing Jobs Aren’t Coming Back Beacause Advanced Manfacturing is Largely Automated.

"Boston Consulting Group reports that it costs barely $8 an hour to use a robot for spot welding in the auto industry, compared to $25 for a worker—and the gap is only going to widen. More generally, the “job intensity” of America’s manufacturing industries—and especially its best-paying advanced ones—is only going to decline. In 1980 it took 25 jobs to generate $1 million in manufacturing output in the U.S. Today it takes five jobs."

"The automated, hyper-efficient shop floors of modern manufacturing won’t give Trump much room to deliver on his outsized promises to bring back millions of jobs for his blue-collar supporters."