US manufacturing employment is down, but each state has its own story
fredblog.stlouisfed.org
3 threads
remember manufacturing in the U.S employs 10X more people than tech does.
trump tariffs are the reason the numbers are going dow.
> remember manufacturing in the U.S employs 10X more people than tech does.
That doesn’t sound right.
Where are you getting the numbers? Are you going by NAICS codes?
Here - https://fred.stlouisfed.org/series/MANEMP for Number of Manufacturing jobs down to 12 million. a Few years ago it was going up before trump came in again.
remember tech sector roughly employs 2 million people thereabouts.
They want a poor and desperate workforce that they can more easily exploit.
No it's even worse: they (the admin) are just actual stupid people.
St Louis Fed is really angling for that Beigie award.
Why always that positive spin?