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There Are 9.93 Million More Government Workers Than Manufacturing Workers

This is a syndicated repost courtesy of Confounded Interest. To view original, click here. Reposted with permission.

The August jobs report was filled with some interest factoids, like there are now 9.93 million government workers than there are manufacturing workers.

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That is a ratio of 1.81 government workers for every manufacturing worker.

Such was not always the case. But a variety of factors such as labor cost differentials, EPA regulations and taxes had led to manufacturing jobs to be sent overseas.

Now a 1.81 government to manufacturing employment ratio is called OVERHEAD. And you wonder why high paying manufacturing jobs are fleeing to other countries?

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