JOBS BY MAJOR INDUSTRY SECTOR ARE GOING ELSEWHERE

Discussion in 'Economics & Trade' started by LafayetteBis, Dec 4, 2020.

  1. LafayetteBis

    LafayetteBis Well-Known Member Past Donor

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    To hell, you mean obviously. The ticket to hell.

    Aside from the constant sun I see no reason why California should attract so much hi-tech businesses. There is plenty of good-living space in the US. But most of it is located "elsewhere" other than California given its present population-density.

    I can understand nonetheless why California has one of the highest population-counts of all American states. Great sunshine and an everything-goes mentality. When there are jobs, it's great - when there aren't, people leave in droves.

    Muney aint everythin, boyz-'n-girlz. It aint everythin! We must understand that the economic-structure in the US has changed radically in the past 30-years. See what's happening here: BLS Employment by major industry sector.

    MY POINT IN THE ABOVE CHART

    Note above all that the linked-graphic shows that in the 2009 to 2029 time-span overall jobs in "Major Industries" are diminishing in the US! They are going where? Good question, and I see no-answer on the BLS-site!


    Uncle Sam's Manufacturing/Services Industry employment breakdown has changed forever. Note that Major Industry Sector overall-jobs in the 2009/2029 time-frame drops nearly 70%!!!

    This is my explanation of what is happening: Manufactured products are still being
    conceived in developed countries but they are being manufactured elsewhere. Namely China and the Far-east. Some of our US-production has already gone to Mexico. But Europe is also today buying from China,
    even though it has lower-cost manufacturing facilities in the new Eastern-Europe EU-countries.

    And people from China are seeking to come to the US to work? What-in-hell are we going to do with them!
     
    Last edited: Dec 4, 2020
  2. joesnagg

    joesnagg Banned

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    Probably coming over here to manage their investments, not only have we been sending them jobs but also selling them the businesses to boot.
     

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