The jobs have shifted overseas as some U.S. companies offshore positions to countries where labor is cheaper, the U.S. imports more than it exports to several trading partners, and tasks once performed by people are taken over by automation.
The jobs have shifted overseas as some U.S. companies offshore positions to countries where labor is cheaper, the U.S. imports more than it exports to several trading partners, and tasks once performed by people are taken over by automation, workforce experts say.What is the hourly pay for manufacturing jobs?
In June 2021, the average hourly pay was $29.93 compared with $28.14 in service industries according to EPI's analysis of current employment statistics and employment cost trends data from the Bureau of Labor Statistics.Black workers lost 646,500 jobs in the manufacturing sector between 1998 and 2020 – a 30.4% drop. White workers saw an even steeper decline, with their rate of employment in the manufacturing sector plunging 37.3%.
"Rebalancing trade and rebuilding infrastructure offers a historic opportunity to create millions of good jobs for Black, brown and other workers of color, and women, who were the victims of systemic racism and discrimination, and lack of access to educational resources and opportunities for advancement,'' Scott says.
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