70 percent of lost manufacturing jobs aren't coming back, says national trade group

[marmar]

70 percent of lost manufacturing jobs aren't coming back, says national trade group
By Jackie Headapohl

April 28, 2010, 6:40AM



Only 30 percent of the 2 million factory jobs lost in the recession will be refilled, according to estimates from the National Association of Manufacturers.Of the 2 million factory jobs lost during the recession at U.S. manufacturers, fewer than 30 percent will be returning over the next six years, according to an estimate from the National Association of Manufacturers. Most of that hiring will come in 2011 and 2012, the group said.

The remarks came from the association's economist during a job growth panel at the Milken Conference in Los Angeles yesterday, reported Bloomberg Business Week.

The National Association of Manufacturers forecasts a return of 540,000 manufacturing jobs by 2015, down from its previous estimate of 800,000.

According to the Bloomberg story, forecaster IHS Global Insight has a more optimistic outlook. It projects that more than 1 million of lost manufacturing jobs may be refilled.

Also cited in the story, the Center for Automotive Research in Ann Arbor, Michigan, forecasts that U.S. auto employment may return to 742,200 by 2012, down from its peak of 827,900 in 2007.

During the job growth panel, the National Association of Manufacturers advocated a permanent research-and-development technology tax credit to help create jobs in the industry. The group also opposes federal changes such as taxes on medical-device makers.


http://www.mlive.com/michigan-job-search/index.ssf/2010/04/70_percent_of_lost_manufacturing_jobs_ar.html

[wildbilln864]

1. Sadly, I knew that! nt

[ZeitgeistObserver]

2. No,they are gone for good. n/t

[pipoman]

3. Free Trade

HELL YEAH!!

[ZeitgeistObserver]

5. Nothing to do with free trade.

This is happening all over the world.

[pipoman]

7. Keep telling yourself and others that, tap the heels of your ruby slippers...

[phleshdef]

8. No one is denying that so called "free trade" is a problem, but its not the ONLY problem.

[pipoman]

12. I don't recall saying it is the only problem?

On edit: Look at the post I was responding to, "Nothing to do with free trade", so yes, someone is in fact "denying that so called "free trade" is a problem".

[ZeitgeistObserver]

9. How many free trade deals do you think you have anyway?

[pipoman]

11. None

they are all extremely expensive trade deals..

[ZeitgeistObserver]

13. If you cancelled NAFTA tomorrow,

it wouldn't bring back manufacturing jobs. They're in China.

NAFTA is only the US, Canada and Mexico.

A lot of Americans involved in exports would be out of work, though.

[amandabeech]

14. Obviously, you don't think that your job is in jeopardy.

Good for you.

Smugness isn't a Dem virtue.

[ZeitgeistObserver]

15. Pay attention. Free trade isn't the problem.

This is happening worldwide.

And cancelling NAFTA would put millions of Americans out of work

[amandabeech]

19. Spoken like a true Canadian.

You guys always have taken care of yourselves.

Canada benefits more from NAFTA than we do.

Why else would you be so upset about the prospect that your gravy train might get cut off?

[ZeitgeistObserver]

20. Canada has lost massive numbers of mfng jobs.

Same as the US.

There is no gravy train, pal.

[amandabeech]

21. Check your stats before you post.

I generally like Canada and Canadians, but maybe you should be posting on a Canadian site tonight.

You won't get much sympathy here.

[ZeitgeistObserver]

22. I live here, I know the stats.

I talk to the unemployed factory workers every day.

Our province has chipped in bigtime to try and save GM, Chrysler, the steel companies and so on.

I didn't ask for any sympathy, I said stop blaming everyone else. They are in the same boat as you are.

[pipoman]

16. Yeah, you're right,

the US exports to Mexico and China make it all worth while. Them Mexicans and Chinese just love buying US goods with all that disposable income they are getting from doing previously US jobs...oh wait, they don't have any disposable income, aren't able to buy the products they are making, and have governments in place who wish to insure that is the way it stays too.

[ZeitgeistObserver]

18. Canadian and Mexican jobs are devasted too.

Manufacturing has moved to China, and you don't have a free trade deal with them

[exboyfil]

4. Sounds about right unless we rethink our entire

manufacturing, defense, and foreign affairs policies. It goes no further than the logic of keeping the sea lanes open for China, Japan, Germany, and S. Korea to kick our heads in with trade deficits. Further why are we defending S. Korea who has a GDP 30 times greater than N. Korea. The same can be said of Western Europe (EU economy 7 times greater than Russia).

[hunter]

17. We're not "defending" anyone but the profits of the U.S. Military Industrial Complex.

Their business is turning tax dollars into Wall Street Profits. The actual military is just a front.

Other nations don't spend as much as we do on their military because they know they don't need it, and they wouldn't need it if we were around or not.

If we stopped "defending" the "free" world, the world would probably be a much nicer place. But it would suck for Lockheed or General Dynamics and any number of useless parasitic industries.

[bvar22]

6. Jobless Recovery?

DLC Mission Accomplished!


The DLC New Team
Pro-LABOR Democrats Need NOT Apply

(Screen Capped from the DLC Website)

It is impossible to support "Free Trade" and be "Pro-LABOR" at the same time.
These positions are Mutually Exclusive.

There is NO Giant Invisible Hand of the Free Market.
They (the Ownership Class) made that shit up, and sold it to a gullible America.
...Just like Santa Claus, Valentines, and the Easter Bunny.

"We don't need regulations. The Markets are self-correcting!" LOL
I can't believe there are Democrats still selling that shit.

Welcome to the NEW Service Economy.
Would you like some fries with that?

[pipoman]

23. Yep...sometimes I feel we are in an alternate universe

where there isn't a single faction of government who gives a shit about the votes of the laborers, and the laborers are too self absorbed to realize or care.

[Octafish]

10. Thank you, John Engler.

No redeeming qualities of any kind.

http://www.automotivesupplier.org/images/photo/summit08/GUEST%20SPEAKER,%20JOHN%20ENGLER,%20PRESIDENT%20OF%20THE%20NAM,%20ADDRESSES%20.JPG

AKA: Ex-Gov. Sphincter (R-Mich.)

[Coyote_Bandit]

24. But, but, but.......

I thought that thanks to Obama everything economic was roses and sunshine. Whatever. I'll let somebody else enjoy that Kool-Aid. That stufff's poison I tell ya......