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abe_m | 6 months ago
The dip in number of manufacturing employees corresponds time-wise to China joining WTO, and the massive CEO hype of shutting down US factories and moving them to China, rather than super-duper automation hitting the scene and automating the factories in place.
I have a suspicion that the displayed manufacturing output chart is in dollars, not amount of stuff, and that is likely bumped up by highly automated IC/chip manufacturing that is high cost/value, but low tonnage work.
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