2 Comments
User's avatar
Barry Hicks's avatar

Also it seems the growth in Leisure and Hospitality would suggest the same decline you mention.

Expand full comment
Grundvilk's avatar

The categories used in the Visual Capitalist chart shown in the post are somewhat confusing, I think. As far as I understand, the leisure and hospitality occupations are part of the overall service economy also -- so will also do their part in further making America (and other countries) less great. The only production industries are agriculture (including forestry), manufacturing, construction, mining, and household work -- everything else is services. The Visual Capitalist chart found at https://www.visualcapitalist.com/wp-content/uploads/2019/02/us-employment-share.jpg paints the changes over time quite nicely. Except for construction, employment in all of the production industries started getting squeezed out of the US economy right after World War II. By 1960, agricultural and mining employment were just ghosts of their former selves. Household work largely entered the spirit world by 1980, and manufacturing followed in the early 2000s.

Expand full comment