Interviews
AMTAC blames China for Ohio's job losses
21 Feb '08
3 min read
"One would think that America's 3.4 million job losses in the U.S. manufacturing sector and another 700,000 job losses in the information sector -- the two sectors of the U.S. economy most exposed to international competition -- since the end of 2000 would provoke a more immediate and detailed policy response from the administration, all presidential candidates and the Democratic and Republican leaderships in Congress, but unfortunately, that has not been the case. The competitiveness challenge posed by China and others to U.S. manufacturers must be addressed by those parties in short order," Tantillo added .
Tantillo concluded, "America can't keep running up its 'China credit card' buying foreign manufactured goods. America has got to start producing and buying more products made in Ohio and other parts of the United States or we will leave our future generations owing an unsustainable debt to China and our other foreign bankers."
According to the U.S. Bureau of Labor Statistics (BLS), manufacturing employment in Ohio dropped from 1,013,200 at the end of 2000 to 777,200 at the end of 2007. The loss of 236,000 jobs over that time period represents a 23.3 percent decline in employment. In 2006, the average annual pay for an Ohio private sector manufacturing worker was $50,023.
BLS also reported that employment in Ohio's information sector fell from 108,500 at the end of 2000 to 87,400 at the end of 2007. The loss of 21,100 jobs over that time period represents a 19.4 percent decline in employment. In 2006, the average annual pay for an Ohio private sector information services worker was $51,358.
In comparison, the average 2006 annual pay for Ohio private sector workers in the retail trade, education and health services, and the leisure and hospitality sectors was $22,967, $36,001, and $13,834 respectively according to the BLS's Quarterly Census of Employment and Wages.
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Tantillo concluded, "America can't keep running up its 'China credit card' buying foreign manufactured goods. America has got to start producing and buying more products made in Ohio and other parts of the United States or we will leave our future generations owing an unsustainable debt to China and our other foreign bankers."
According to the U.S. Bureau of Labor Statistics (BLS), manufacturing employment in Ohio dropped from 1,013,200 at the end of 2000 to 777,200 at the end of 2007. The loss of 236,000 jobs over that time period represents a 23.3 percent decline in employment. In 2006, the average annual pay for an Ohio private sector manufacturing worker was $50,023.
BLS also reported that employment in Ohio's information sector fell from 108,500 at the end of 2000 to 87,400 at the end of 2007. The loss of 21,100 jobs over that time period represents a 19.4 percent decline in employment. In 2006, the average annual pay for an Ohio private sector information services worker was $51,358.
In comparison, the average 2006 annual pay for Ohio private sector workers in the retail trade, education and health services, and the leisure and hospitality sectors was $22,967, $36,001, and $13,834 respectively according to the BLS's Quarterly Census of Employment and Wages.
Click here to view more:
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