Despite claims by some that manufacturing jobs are disappearing, other sectors of the economy are seeing robust growth. In fact, according to The Wall Street Journal, “manufacturing’s share of U.S. employment has fallen to 12%, its lowest level since 1937.” However, despite manufacturing’s shrinking stature, other sectors, such as transportation and healthcare, are seeing robust job growth.
Manufacturing jobs are not disappearing, but they are shrinking in relative terms.
Despite claims by some that manufacturing is disappearing, the reality is that manufacturing’s share of U.S. employment has fallen to its lowest level in over seventy years.This shrinking of manufacturing jobs does not mean that all jobs in this sector have disappeared. In fact, other sectors of the economy are seeing robust growth, which means that there are many opportunities for those who are seeking a career in manufacturing.
Other sectors of the economy are growing faster, and this growth is likely to continue.
Despite the apparent decline in manufacturing employment, other sectors of the economy are seeing robust job growth. Transportation and healthcare are two sectors that are seeing particularly strong growth. In fact, according to The Wall Street Journal, “manufacturing’s share of U.S. employment has fallen to 12%, its lowest level since 1937.” However, despite manufacturing’s shrinking stature, other sectors, such as transportation and healthcare, are seeing robust job growth.
There are many reasons why this trend is continuing. First, manufacturing jobs have been replaced by higher-paying white-collar jobs. This shift away from blue-collar work has had a dramatic impact on the economy as a whole, but it has also had an impact on the manufacturing sector. For example, transportation jobs now require more education and skill than ever before, which means that more people are able to take them on. In addition, advances in technology have made many medical procedures less invasive and more efficient, which has led to an increase in healthcare employment.
As long as these positive trends continue, there is no reason to believe that manufacturing jobs will disappear completely from the United States economy. Instead, they may simply become a smaller part of a much larger picture.
Despite manufacturing’s shrinking stature, there are still many opportunities in other sectors of the economy.
One of the most popular claims made by those who believe that manufacturing jobs are disappearing is that the industry is in a state of decline. However, this is not actually the case. In fact, according to The Wall Street Journal, “manufacturing’s share of U.S. employment has fallen to 12%, its lowest level since 1937.” This is largely due to the growth of sectors such as transportation and healthcare, which are now responsible for a far greater percentage of employment.
Just look at transportation. According to The Wall Street Journal, “Transportation and warehousing accounted for 40% of the net new jobs added in the past year, up from a mere 2% in 1971.” This is in spite of the fact that manufacturing makes up only 12% of all employment in the United States. Similarly, healthcare has seen explosive growth in recent years. Employment in this sector has increased by 28% over the past decade, and this trend is likely to continue.
This growth is not limited to just traditional manufacturing sectors either. In fact, according to Forbes, “The number of jobs in information technology (IT) has grown more than twice as fast as the number of jobs in manufacturing over the past ten years.” IT jobs are not only growing, but they are also becoming increasingly complex and difficult to fill. This means that there are still plenty of opportunities for those who want to work in manufacturing, but it is likely that the industry will continue to shrink in relative terms.
Despite manufacturing’s shrinking stature, there are many opportunities in other sectors of the economy. This growth is likely to continue, and so even if you’re not a manufacturing worker, you should continue to look for opportunities to grow your career.