Decline of U.S. Manufacturing By any metric, U.S. manufacturing continues to decline. Visual Capitalist says, “Overall, the number of U.S. manufacturing firms has shrunk by 14% over 20 years, with 50% or higher drops in the apparel and textile mills sectors. Amid factory closures across nearly all manufacturing sectors, employment has dropped to 13 million workers as of January 2023, down from its 1979 peak of 19.5 million workers. Today, manufacturing jobs make up roughly 10% of the U.S. private sector workforce.” According to a report from the U.S. Bureau of Labor Statistics, “In the 40 years since manufacturing employment peaked, the industry...
Jobs for Robots?
Published 05/12/2025