CHART OF THE DAY: Here’s The Trend Obama Is Fighting, If He Wants To Save American Manufacturing

Manufacturing employment as a percent of total employment.
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The economy goes in and out, and from time to time the US manufacturing sector booms.

But this chart, put together by Paul Kedrosky, makes it pretty clear: as a share of total non-farm payrolls, manufacturing jobs are only going in one direction (down).

What’s more, it’s not even choppy. It’s just a straight line sloping down.

That’s quite a trend to turn around.

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The original version of the story appears here: http://www.businessinsider.com/chart-of-the-day-manufacturing-employment-as-a-percentage-of-total-non-farm-payrolls-2010-8

Business Insider is a new business site with deep financial, entertainment, green tech and digital industry verticals. The flagship vertical, Silicon Alley Insider, launched on July 19, 2007, led by DoubleClick founders Dwight Merriman and Kevin Ryan and former top-ranked Wall Street analyst Henry Blodget.

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