>It is important to recognize that not all manufacturing jobs are middle- and high-wage jobs. Indeed, the “wage premium” associated with manufacturing work has declined since the 1960s. By 2019, workers without a four-year degree in manufacturing careers earned a median wage that was comparable to the wage they could have earned in non-manufacturing industries. However, the quality of manufacturing jobs varies significantly across the United States (in general, these jobs still offer a weekly earnings premium). Map 5 shows how the wage premium for manufacturing remains high in states with strong upward mobility and growth in the middle of the labor market.
When it comes to policy like blanket tariffs, do you want people in the US making mass quantities of cheap shoes? Does anyone want to work in a shoes factory?
hn_acker•9mo ago
> Growing from the middle out: An economic model of good jobs for the heartland, by the heartland