Planet Money Why are we so obsessed with manufacturing?
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Jul 18, 2025 Delve into the political obsession with reviving manufacturing in the U.S. and why it holds a unique place in the economy. Discover the paradox of unfilled manufacturing jobs despite their high wages and job security. Explore the stark contrast between thriving urban centers and struggling small towns, as revitalizing manufacturing emerges as a crucial strategy for economic growth. The discussion also highlights the need to redefine quality employment, particularly in the face of automation and shifting job landscapes.
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Manufacturing's Economic Importance
- Manufacturing produces essential goods that support many aspects of daily life and national security.
- It also tends to offer higher pay, especially for workers without college degrees, compared to other industries.
Manufacturing Pays a Premium
- Manufacturing jobs pay a wage premium compared to many other industries.
- This premium is especially significant for workers moving from low-wage sectors like restaurants to manufacturing.
Unfilled Manufacturing Job Puzzle
- Despite higher pay, U.S. manufacturing jobs often remain unfilled.
- Tight labor markets and insufficient wages to attract workers partly explain the vacancies.