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For all the talk of bringing manufacturing jobs back to the US, the reality is that employment in the sector peaked all the way back in June 1979, according to the US Bureau of Labor Statistics, at 19.6 million. Fast forward to June 2019, that figure stood at 12.8 million. (After a pandemic dip, preliminary data for last month put the number at ~12.7 million in a bounceback.)
By the numbers: In fact, the US Bureau of Labor Statistics laid out the state of American manufacturing over the last 40 years. Here are three key charts it highlighted.
(All data is seasonally adjusted.)