Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Investing

Americans Think Increased Manufacturing Employment Would Be Good for the Country but Not for Themselves

by August 29, 2024
August 29, 2024
Americans Think Increased Manufacturing Employment Would Be Good for the Country but Not for Themselves

Colin Grabow

One of the more intriguing results of a recent Cato Institute–commissioned poll about trade and globalization was the respondents’ views on manufacturing. When asked whether the country would be better off if more Americans worked in the sector, 80 percent responded in the affirmative. Given widespread perceptions of American industrial decline—very much at odds with available evidence—that’s not entirely surprising.

But here’s the interesting part: among those same respondents, just 25 percent stated that they would personally be better off in a factory instead of their current work. It’s a result that holds across class, education, and racial lines. The most enthusiastic group, those aged 18–29, still registered just 36 percent interest in manufacturing employment.

Americans love the idea of people working in manufacturing, but most don’t think they would benefit from such work themselves.

The poll result comports with manufacturing job data. As of May, there were over 600,000 open positions in manufacturing, and the number hasn’t dipped below 300,000 in roughly a decade. These openings are one reason why the National Association of Manufacturers has championed a plan to expand immigration. Similarly, the secretary of the navy has called for increased immigration and work visas to address a lack of workers at the country’s shipyards.

Such jobs can’t find enough interested Americans to fill them.

Given some of the realities of manufacturing work, that’s understandable. As a recent Financial Times column points out, average hourly pay in manufacturing has been on a long, steady decline and fell below the private-sector average in 2018. The column also points out that such work can be “noisy, repetitive and isolating” (having once worked a summer job placing empty cans on an assembly line to be filled with paint, I can confirm) and that a 2024 Gallup poll found below-average enthusiasm for their work among those employed in manufacturing.

So it’s not a shock that many Americans aren’t champing at the bit for such employment. Indeed, even countries long associated with manufacturing such as China and Vietnam are seeing a growing aversion to factory work.

But how to explain this seeming disconnect between what Americans believe is best for the country and their self-interest?

One possible factor is that Americans are regularly told about the alleged depleted state of American manufacturing—particularly during presidential elections. Four years ago, President Biden campaigned on adding five million manufacturing jobs as part of an economic rebuilding effort, and four years before that, Donald Trump and Hillary Clinton each pledged to shore up manufacturing as part of their respective efforts to win the presidency. Unsurprisingly, the Democratic and Republican platforms for this year’s presidential race both feature language about revitalizing manufacturing.

This is hardly a recent phenomenon, with such talk by presidential hopefuls dating at least back to Walter Mondale’s 1984 claim that the industrial Midwest was being turned into a “rust bowl” due to a decline in manufacturing.

After being exposed to 40 years of rhetoric about manufacturing’s alleged downfall, Americans may have internalized the message. Add in a dash of nostalgia for yesteryear—two of the groups most supportive of more Americans working in manufacturing were those aged 65 and older (86 percent) and the retired (90 percent)—when manufacturing employment was more common, and the results are understandable.

Perhaps the better question, however, is not why Americans believe the country needs more manufacturing employment but why politicians regularly emphasize the importance of jobs in which Americans—both in word and deed—continue to show little interest.

0
FacebookTwitterGoogle +Pinterest
previous post
Where the Candidates Stand on Election Policy
next post
Stefanik says Harris joint interview with Walz is ‘offensive to all women’

You may also like

The Perils of the Hegemon

November 10, 2023

Navigating the Future of International Taxation: A New...

February 13, 2024

To Head Off Strongman Governance, Keep Presidential Power...

January 31, 2024

A Small Step Toward Ending Jawboning, a Big...

June 26, 2024

Senator Vance, Please Keep the Feds out of...

October 5, 2024

State Medicaid Reform May Become Both Possible and...

November 22, 2024

126 Parole Orders over 7 Decades: A Historical Review of...

July 17, 2023

The Historical Ratio Between Dropout and High School...

May 29, 2025

The Right Corporate Tax Rate is 0 Percent

October 25, 2024

Cato FOIA Win: Justice Department Inspector General Releases...

March 12, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Senate Republicans ram Trump’s ‘big, beautiful bill’ through key test vote

      June 29, 2025
    • Chief Justice Roberts sounds alarm on dangerous rhetoric aimed at judges from politicians

      June 29, 2025
    • Britain’s fastest-growing firms revealed for 2025: Dfyne, Nala’s Baby and Hawkstone lead the charge

      June 29, 2025
    • Schumer to force Senate reading of Trump’s entire ‘big, beautiful bill’

      June 28, 2025
    • Rubio condemns Iran’s ‘unacceptable’ threats against IAEA director

      June 28, 2025
    • Key blue state Republican says Senate’s local tax write-off offer is a ‘good deal’

      June 28, 2025

    Categories

    • Business (8,330)
    • Investing (2,081)
    • Politics (15,853)
    • Stocks (3,177)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved