According to some pundits and political hustlers, free trade has led to a loss of “good manufacturing jobs.” Let?s look at it, but before doing so, let?s first see whether we should work ourselves into a tizzy over other job losses.
In 1900, 41 percent of the U.S. labor force was employed in agriculture. Now, only two percent of today?s labor force works in agricultural jobs. If declining employment is used as a gauge of an industry?s health, agriculture is America?s sickest industry.
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