Manufacturing jobs are so back: Employment in the sector is now slightly above pre-pandemic levels.
It's the first time since the 1970s that the manufacturing industry has recovered all the jobs lost during a recession, per an analysis of government data out Tuesday from the Economic Innovation Group, a centrist think tank.
Just five states accounted for two-thirds of the sector's job growth: Texas, Florida, Georgia, Arizona and Utah.
Transportation and food accounted for much of the growth. Another bright spot was computer and electronics, spurred on by the Biden administration's efforts to bolster domestic chip making.
Manufacturing jobs are still disappearing in the Rust Belt, including in battleground states like Pennsylvania, Ohio, Michigan and Wisconsin. That group saw jobs in the sector decline 1.7% from 2019 to 2023.
In 1970, manufacturing jobs made up 31% of private employment. In 2023, that share was down to 9.7%, notes EIG.
Posted by John3262005
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And it only cost us $200 billion and got us a whole 5,000 votes in swing states