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Old 11-01-2016, 12:31 PM
 
Location: Texas
2,747 posts, read 1,350,609 times
Reputation: 2515

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7,231,000 Lost Jobs: Manufacturing Employment Down 37% From 1979 Peak

Also, 1 million less construction workers from 2006 as most population growth is in metropolitan with lots of red tape.

It is confusing how sending e-mails, administration jobs such as making reports and other intangible jobs that produce no tangible product are supposed to sustain 360 million people in 2030

I guess Health Care employment will rapidly increase but government already pays or subsidies through tax breaks nearly 2/3rds of all spending

Government funds nearly two-thirds of U.S. health care costs: American Journal of Public Health study | Physicians for a National Health Program

It just seems how a Finance, Insurance and Real Estate economy with lots of government spending directly or indirectly is sustainable.
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Old 11-01-2016, 12:42 PM
 
Location: TX
867 posts, read 2,532,889 times
Reputation: 531
Also, not the mention the electric car revolution (further decimation of a lot of oil and gas industry) coupled with self-driving cars.
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Old 11-01-2016, 01:22 PM
 
9,210 posts, read 5,494,456 times
Reputation: 6120
Quote:
Originally Posted by lovecrowds View Post

It is confusing how sending e-mails, administration jobs such as making reports and other intangible jobs that produce no tangible product are supposed to sustain 360 million people in 2030
That is a false statement, administrative jobs are but a very small part of the overall job market. No one has ever claim our economy is dependent on those jobs.

.
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Old 11-01-2016, 02:57 PM
 
Location: Oregon, formerly Texas
5,254 posts, read 3,444,138 times
Reputation: 8804
Default Data is your friend

http://www.economicpopulist.org/file...industry12.jpg

Our economy is quite diverse. The sectors the OP mentioned collectively are about 40% of the economy, so it's not "based" on them.

Last edited by toosie; 11-01-2016 at 05:13 PM.. Reason: TOS - copyright. I replaced it with a link so people can click and view
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Old 11-02-2016, 08:44 AM
 
Location: East of Seattle since 1992, originally from SF Bay Area
28,580 posts, read 51,131,641 times
Reputation: 29080
Some areas are doing just fine in the construction industry, even shortages of workers now.

Skilled construction workers in short supply | The Seattle Times


Seattle construction crane count overtakes New York City and Los Angeles - Archpaper.com
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Old 11-02-2016, 03:52 PM
 
397 posts, read 250,544 times
Reputation: 1476
Quote:
Originally Posted by Alphalogica View Post
Also, not the mention the electric car revolution (further decimation of a lot of oil and gas industry) coupled with self-driving cars.
220,000 registered electric cars (well, mostly hybrids, but who's counting) in 2016... it's a very small revolution so far... decimation seem to be too strong a word.
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Old 11-02-2016, 06:12 PM
 
Location: TX
867 posts, read 2,532,889 times
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Quote:
Originally Posted by raggedjim View Post
220,000 registered electric cars (well, mostly hybrids, but who's counting) in 2016... it's a very small revolution so far... decimation seem to be too strong a word.
Yup. I'm sorry for using that word.
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Old 11-03-2016, 02:16 AM
 
25,146 posts, read 11,812,417 times
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Because productivity is massively increased since then. Seriously, while the number employed may be down in that sector, the amount of items and real things created by the 73% that remain is far higher then it was before.
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Old 11-03-2016, 03:10 AM
 
2,208 posts, read 1,189,976 times
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There will come a time where automation and efficiency removes enough people from the work force that we will have to have a serious discussion about "living stipends" and a mass welfare system to keep people alive. The trend is for jobs to become more and more scarce, that will eventually put enough people out of work that welfare will not be the dirty word that it is today.
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Old 11-03-2016, 09:16 AM
 
Location: Long Island, NY
19,712 posts, read 11,105,757 times
Reputation: 5600
Quote:
Originally Posted by lovecrowds View Post
7,231,000 Lost Jobs: Manufacturing Employment Down 37% From 1979 Peak

Also, 1 million less construction workers from 2006 as most population growth is in metropolitan with lots of red tape.

It is confusing how sending e-mails, administration jobs such as making reports and other intangible jobs that produce no tangible product are supposed to sustain 360 million people in 2030

I guess Health Care employment will rapidly increase but government already pays or subsidies through tax breaks nearly 2/3rds of all spending

Government funds nearly two-thirds of U.S. health care costs: American Journal of Public Health study | Physicians for a National Health Program

It just seems how a Finance, Insurance and Real Estate economy with lots of government spending directly or indirectly is sustainable.
So, there are a million fewer construction workers now than during the housing boom, when prices were rising -- causing everyone and their brother was building houses before the crash. How surprising.

Second, technology jobs, administration jobs, etc., aren't "intangible jobs" that produce no "tangible product." Administrative jobs that do things such as make sure controls are followed, checks are cut and make work more efficient are hardly intangible. Most of America is performing services apart from manufacturing.

Last edited by MTAtech; 11-03-2016 at 09:43 AM..
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