Hi all,
Trump is talking about bringing back manufacturing jobs but there is a problem...
fortune.com
www.uschamber.com
So the Manufacturing industry has 3.2% unemployment... 3% is considered full employment in most countries...
So it is services that are struggling to fill vacancies most..
www.forbes.com
Professional Services are better paying jobs than manufacturing and it is what US is actually good at.... US might run a lot of Trade deficits in Goods. They run surpluses in Professional services
Trump Trade Deficits are Goods only and doesn't account for Services which is just stupid... Services jobs are the jobs people want, better paid and better conditions...
Trump is talking about bringing back manufacturing jobs but there is a problem...

America has a huge manufacturing labor shortage—and its education system is nowhere close to plugging the gap
The textile industry has a 20% worker shortage, while metal fabrication industry expects to be 400,000 workers short by 2024. There isn't a good plan to find them.

Understanding America’s Labor Shortage: The Most Impacted Industries
American businesses are creating hundreds of thousands of jobs each month, yet a significant number of positions still remain unfilled, especially in the professional and business service sector.
So the Manufacturing industry has 3.2% unemployment... 3% is considered full employment in most countries...
So it is services that are struggling to fill vacancies most..

Manufacturing Doesn't Pay Well Nor Make Much Money - So Why Fixate On It?
One of the oddities of the current political and economic scene is that all too many people are fixated on manufacturing. We should "bring manufacturing back" or something. Quite why is very difficult to understand. There seems to be some idea that making things in huge sheds is a well [...]

Professional Services are better paying jobs than manufacturing and it is what US is actually good at.... US might run a lot of Trade deficits in Goods. They run surpluses in Professional services
Trump Trade Deficits are Goods only and doesn't account for Services which is just stupid... Services jobs are the jobs people want, better paid and better conditions...