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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (352625)	9/28/2007 11:58:18 AM
From: TimF	Read Replies (1) \| Respond to of 1573697

But there is also tons more stuff being produced... just the population growth insures that, but also there IS more stuff. Problem is most all of it is being built in Asia. Nope. The US manufactures a lot more than any other country in the world. Two and a half times as much as China, and 21% of the worlds total output (with more like 5% of the population) but I would bet worldwide manufacturing employment has increased dramatically over the last 20 years. While US manufacturing employment imploded. 14.2 million manufacturing workers now (2006 data). 17.7 million in 1990. That's a serious drop (20% over 16 years) but not an implosion. And since the drop is from improved productivity (rather than a declining economy) its not a bad thing. I haven't found the US data for 20 years ago, but apparently productivity leading to reduced manufacturing jobs isn't limited to the US --- Manufacturing Job Losses: USA 2 million, China 15 million Paul Solman: from October 14, 2005 Transcript on the Online News Hour (PBS): Trade based on cheap manufacturing, cheap labor. But manufacturing is becoming more and more mechanized -- in China like everywhere else. In fact, between 1995 and 2002, China lost 15 million manufacturing jobs, compared with a loss of 2 million manufacturing jobs in the U.S. This figure surprises many people. China has lost 7 times the manufacturing jobs the United Stats has from 1995 to 2002. curiouscatlinks.blogspot.com Country 1990 2004 productivity growth 1992-2003 change in manufacturing jobs United States 18.0% 11.8% 57%* -13.6 Japan 24.3% 18.3% 54.3% -25.7% China (estimates - see paper) 60.0% -18.0% Germany 31.6% 22.7% 35.1% -21% United Kingdom 22.3% 14.9% 35.9% -18.1% France 21.0% 16.3% 58.0% -10.9% management.curiouscatblog.net The data on China surprised me. The other countries I pretty much new the general trend, even if I didn't know the specifics. -- "Last year, according to figures from the U.S. Department of Commerce, investment in new manufacturing plant construction increased 25%." ("Last year" in that article is 2005 managingautomation.com