This Industry Has Lost Over 80% of Its Workforce in the Last Decade
Briefly

from 24/7 Wall St.5 months ago
The U.S. economy, while adding over 14 million jobs in the last decade, faces significant workforce declines in various industries due to free-market forces and technological advancements.
24/7 Wall St.https://247wallst.com/economy/2024/08/27/this-industry-has-lost-over-80-of-its-workforce-in-the-last-decade/
The transformation of the U.S. economy, shaped by evolving manufacturing processes and technological advancements, has resulted in notable shifts in employment composition across multiple sectors.
24/7 Wall St.https://247wallst.com/economy/2024/08/27/this-industry-has-lost-over-80-of-its-workforce-in-the-last-decade/
Data reveals that despite the overall growth in job numbers, various traditional industries have drastically shed jobs, reflecting a troubling trend in workforce sustainability.
24/7 Wall St.https://247wallst.com/economy/2024/08/27/this-industry-has-lost-over-80-of-its-workforce-in-the-last-decade/
Analyzing employment data from 2013 to 2022, 24/7 Wall St. lists 25 industries that have lost over 30% of their workforce, highlighting serious economic shifts.
24/7 Wall St.https://247wallst.com/economy/2024/08/27/this-industry-has-lost-over-80-of-its-workforce-in-the-last-decade/
Read at 24/7 Wall St.
#us-economy #job-market #industry-decline #technological-change #employment-trends
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