Archive for September 21st, 2016

Are more folks employed in manufacturing jobs or government jobs?

September 21, 2016

Of course, the answer is government jobs.

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Interesting analysis by Terence Jeffrey of CNS News

According to the BLS, government employees in the United States now outnumber manufacturing employees by almost 10 million.

Federal, state and local government now employs 22,213,000 people: 2,790,000 federal employees, 5,120,000 state government employees, and 14,303,000 local government employees.

The manufacturing sector now employs 12,281,000.

A difference of almost 10 million.

 

image

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Note on the above chart that manufacturing employment peaked in the late 1970s at just under 20 million.

Government employment has been on a tear since the mid-1940s.

The lines crossed in the late 1980s.

While government employment has leveled off, manufacturing jobs continue to disappear.

So, the gap keeps widening and soon government employment will be twice manufacturing employment.

Think about that for a moment.

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