This Chart Shows Us Why We Can't Blame China For US Job Losses en-us Wed, 31 Dec 1969 19:00:00 -0500 Fri, 11 Jul 2014 22:18:12 -0400 Max Nisen ss Fri, 01 Jun 2012 09:44:27 -0400 Steve Jobs told Obama that these jobs simply can not back to the US. x Fri, 01 Jun 2012 09:40:38 -0400 "..If Americans made and serviced everything they consumed, unemployment would be 0%..." Really? If iphone made in the US, then its price will be more than $5000. There will not very little demand because of high price and therefore the jobless rate may even higher. wolverine70 Fri, 01 Jun 2012 07:10:28 -0400 What a naive analysis. The chart completely disregards the trade deficit with China and the number of manufacturing and spinoff jobs that would be created if those goods were produced domestically instead of imported. Max needs to hit the books before "reporting". Almost Human Fri, 01 Jun 2012 06:16:26 -0400 Whenever McKinsey is cited in an article you MUST reveal who paid them for the analysis. Their conclusions always coicide with the interests of their clients. That is how they get paid. Personal experience. Mao Zhedong Fri, 01 Jun 2012 03:36:22 -0400 You are absolutely correct - except one thing. McKinsey Global Institute has been publishing such garbage for a long time - so it's not surprising / nor unbelievable at all !!! Mao Zhedong Fri, 01 Jun 2012 03:19:49 -0400 and Why did the productivity increase that much in manufacturing? That is because less productive jobs have been shipped to China. Now that Chinese productivity is high, the US manufacturing productivity will become even higher (thanks to more productive jobs moving to China). citizen1 Fri, 01 Jun 2012 01:36:39 -0400 That is ridiculous. Comparative figures of "productivity" of US workers are polluted because a company now shows higher productivity with fewer US workers - because the manufacturing and support jobs have been outsourced. Or the US company has been disappeared, killed by imports. Do you think shutting a US factory and moving the jobs to Mexico or China means HIGHER US worker productivity? It's unbelievable that you would publish such garbage. Stupid Article Fri, 01 Jun 2012 01:21:06 -0400 BI should have a rating system for articles and not just comments. This is just another bogus misleading study. Alpha directed Fri, 01 Jun 2012 00:24:17 -0400 Damned straight. You just called the next big crisis. the smart Chinese manufacturers are discovering business process timization and robotics -- and they are discovering them fast -- as in right now fast. This means the destabilization of China because these guys are starting to displace millions of Chinese workers with industrial efficiency and robots. Idle Chinese workers are bad news to the PRC. But you called it. The Chinese entrpreuners are tired of building small cities next to their manufacturing plants and all the "people problems" of managing a factory workforce of ~ 15,000 people... TE Fri, 01 Jun 2012 00:05:27 -0400 A tariff would cure our job shortage. Mckinsey always is writing this kind of garbage - just like they did in 2003 or so when they told all the big companies to off-shore every job they could because there was going to be a major labor shortage in the US right about now. John Ryan Thu, 31 May 2012 23:31:13 -0400 Explain Apple thats just one of many! Explain call centers! Any fool with money and connections would pay a worker $200 a month instead of a American worker $200 a day. The basics is we need to stop the off shoring and make American companies use American workers and pay American wages to Americans! Jessica6 Thu, 31 May 2012 23:08:59 -0400 I stopped at 'McKinsey'... maxxx Thu, 31 May 2012 22:45:17 -0400 But we CAN "blame them", if that is the phrase, for the trade imbalance and the loss of high tech strategic manufacturing jobs. Instead of blaming someone, we should repatriate and insist on second sourcing many of those jobs here. With such a huge market, the US is free to set it's own rules. Why doesn't it? The Truth Thu, 31 May 2012 22:24:31 -0400 Actually, only ignorant Americans blame other people for the job loss. There are plenty of jobs available like picking fruits and vegetables in the Central Valley, gardening, or other labor jobs if we kick out all the illegal aliens. toddd Thu, 31 May 2012 22:22:07 -0400 LMAO, yeah start in 2000. Don't start in 1980. Or in the 90s when Clinton gave China favored nation status and signed NAFTA. By 2000 manufacturing was already decimated by companies moving to Mexico and China. I noticed you didn't include tech jobs and insourcing. Overstated? Pick something that's near you and tell me where it's made. I'll bet $100 it ain't in America. When we make nothing for ourselves how in the world can you say it's overstated? If Americans made and serviced everything they consumed, unemployment would be 0%. obsessedwithfacebook Thu, 31 May 2012 22:16:10 -0400 The service sector is booming, especially healthcare, retail, an education for low income Americans and rich foreigners. Walmart door greeter, fast food, street sign holder are growth industries. <a href="" target="_blank"></a> This Chart Doesn't Show Anything Thu, 31 May 2012 22:08:18 -0400 Stop your 1% propaganda, you aren't fooling anybody HAHA Thu, 31 May 2012 21:49:25 -0400 The Chinese are the only ones capable of economically competing with robots. They will lose this battle and starve to death though because the robots don't need to eat.