Goods Producing Workers Vs. Government Payroll

This chart shows how the manufacturing job trend lines panned out according to administration from the peak of manufacturing jobs in the U.S.

http://js-kit.com/blob/lybbHE8XmXbuANHDiQtIz3.jpg

From Jesse’s Café:

For the first time there are decidedly more government employees than goods-producing (manufacturing) employees in the US according to the Department of Labor.

It is interesting to think about this in terms of health care, pension plans, job security, employee loyalty, and so forth.

US corporations have been offshoring jobs for many years, in part due to the structural problems of benefits and environmental costs in a developed nation and Asian mercantilism. Some of this transfer of employee is due to natural market forces, but a great deal of it is a result of purposeful national policy and trade practices such as currency pegs, for example.

http://jessescrossroadscafe.blogspot.com/2010/01/more-government-employees-than-goods.html