One key component to advanced societies are the creative skill of workers. An industry hiring more workers at higher wages, when compared to alternative employment, is a win for Made in America, for worker prosperity, and for governments that will benefit from that tax revenue. The advanced society should find a path to perpetual sustainable development where economic opportunities renew.
On a macro scale when we want to innovate and invent as a people new products/serviced in the U.S. through our creative capital (i.e. STEM), encourage strong international investment mechanisms in that growth (i.e. pack investing, clusters, tax policy), to produce the highest market value products (i.e. emerging products, technology, and services).
Upward Manufacturing Trend
Some data indicate the U.S. manufacturing sector is on an upward trend with more hiring and investment in people (The goal should be to help people get into these higher technology manufacturing jobs because they produce significant economic value. Being at the center of a global supply chain means that advanced manufacturing and skilled labor come together to create the highest increase in product value.). Notice the stats below and pay attention to the table to get a sense of positive trends (There is lots of mixed data but an upward trend). I believe you can also get a sense of more of the supplies are coming from shorter supply chains (i.e. increasing local wealth.)
Here are some of the statistics I looked at: durable goods +22 and the type of products produced, fabricated metal product +6.3, wood products +2.2, Mining and logging 3 (because I'm from the U.P. you have to explore the category descriptions to see if it actually related to anything we produce up here. i.e. furniture, snowshoes, etc.), Machinery -1.7, Computer and electronic products .4, Electrical equipment and appliances 3, Transportation equipment(cars) 8.4, and Construction 19. (You can read a really good article by Bill Koenig Senior Editor SME Media HERE.)- Women make up 47% of the American workforce but only 30% worked in manufacturing.
- 1/4 management positions are held by women.
- Women earned on average 16% more than the national median annual income when compared to other employed women
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