By Andrew Yang – You would have to have been asleep these past years not to have noticed that manufacturing jobs have been disappearing in large numbers. In 2000 there were still 17.5 million manufacturing workers in the U.S. Then, the numbers fell off a cliff, plummeting to less than 12 million before rebounding slightly starting in 2011.
More than 5 million manufacturing workers lost their jobs after 2000. More than eighty percent of the jobs lost – or 4 million jobs – were due to automation. Men make up 73% of manufacturing workers, so this hit working class men particularly hard. About one in six working-age men in America is now out of the workforce, one of the highest rates among developed countries.
What happened to these 5 million workers? A rosy economist might imagine that they found new manufacturing jobs, or were retrained and reskilled for different jobs, or maybe they moved to another state for greener pastures.
In reality, many of them left the workforce. One Department of Labor survey in 2012 found that 41 percent of displaced manufacturing workers between 2009 and 2011 were either still unemployed or dropped out of the labor market between within three years of losing their jobs.
This is a good indicator of what will occur when truck drivers lose their jobs. Truck drivers’ average age is 49, 94% are male, and they are typically high school graduates. Driving a truck is the most popular job in 29 states – there are 3.5 million truck drivers nationwide. more>