Speak for yourself
I know plenty of people making more now than they were a few years ago and all of them are in service businesses.
My wife and I have more than quintupled our income in the past 10 years
There are plenty of opportunities in service sector businesses
I'm speaking for national numbers. Wages are stagnant.
And it's not because of CEO pay it's because we are in the midst of a shift in the economy and people like you are not adapting.
Manufacturing will never be the same because of new and improving technology it takes fewer and less skilled workers to produce high quality goods and that trend will continue. Low skilled workers are not paid the wages that the previous higher skilled workers were hence the wage lag even though productivity has increased
We have been dependent on large scale production and manufacturing in this country since the 1940s that is changing as we can see and we will need to adjust during that adjustment there will be economic ramifications.
In 1990, the manufacturing industry employed more workers than any other sector in 36 states. Today, the picture is totally different: Manufacturing is the dominant industry in only seven states.
What happened? A few recessions, the rise of off-shoring and imports from China and the rest of the world and the explosion of the health-care industry, to begin with. Over the last two decades, employment in the manufacturing sector has plummeted, from nearly
18 million jobs in 1990 to just over 12 million jobs today.
We also have a lot of high skill jobs that are going unfilled because we aren't doing a better job of educating our kids to learn what companies need.
Update: A smart reader points out that the decline in manufacturing jobs is actually more closely tied to automation rather than offshoring. The U.S. is manufacturing more now than it ever has, but much of that work can be done by machines — which don’t require salaries or health care coverage.)
The italic paragraph undermines your entire premise. Thanks.
I'm not arguing. I'm posting facts. And I don't cherry pick.
We are seeing growing evidence that manufacturing supports far more jobs in other sectors than previously thought. For example, Intel Corporation has a plant in Washington County, Oregon employing 16,250 people in the design, manufacture and marketing of microprocessors. A recent study by ECONorthwest concluded that every 10 jobs at Intel supported another 31 jobs in other sectors at above average wages.
The Magic Job Multiplier of Manufacturing
An airliner for example may have 3 million components and an ordinary car as many as 10,000 coming from a vast array of suppliers. As manufactured products and processes become more complex and productive, they give rise to a host of skilled paraprofessional and professionals in nonmanufacturing jobs such as logistics and transportation, customer service, technical support, regulatory and safety specialists, distribution employees trained in use of information driven tools for receiving, storing and picking, the list goes on and on.
In some advanced manufacturing sectors, such as electronic computer manufacturing, the multiplier effect can be as high as 16 to one, or 16x, meaning that every manufacturing job supports 15 other jobs.
we rank only 13th among the top manufacturing countries in terms of exports. In other words, pound for pound, the Chinese and Germans are still running rings around us on the export front. That is a key reason why we need to convey the real significance of manufacturing jobs to legislators and policy makers.
Boston Consulting expects up to 800,000 manufacturing jobs to be added in the U.S. by mid-decade, and estimates that a 4x multiplier means they will create another 2.4 million jobs.
But this bright future will not just happen of its own accord. We need sensible policies for attracting capital investment, training a new generation of manufacturing workers and encouraging exports to make it happen. Growth and job creation should be our primary objectives. A growing economy will enable us to overcome any number of our more vexing challenges, and manufacturing is the key.