We next consider job losses in food product manufacturing. Here we find intermediate food products including animal feed, corn sweeteners, corn oil, soybean and cotton seed products, wheat, corn, rice, and other milling products, and raw beet and cane sugar, and the final food products one would find in a typical supermarket.
Manufacturing facilities in this subsector, which employed 1.5 million workers at the beginning of 1990, employed an average 1.48 million in 2014. The following figure and table illustrate those job losses:
After a slight dip following the 1990-91 recession, we see an increase through the first half of the economic expansion of the 1990s, to a peak of 1.56 million jobs in 1996, then a slight decline through 2000. Following is a steady fall-off beginning after 2000, coincident with the 2001 recession and the granting of permanent most favored nation status and WTO membership to China. After a leveling off from 2003 through 2007, job losses accelerate again through the Great Recession, bottoming out at about 1.45 million jobs in 2010. From 2000 through 2010, the subsector shed some 111,000 jobs. Since the low of 2010, employment has seen a recovery of some 30,000 (27%) of those jobs, to an average of 1,562,467 jobs in 2014.
Between 1996 and 2014, after experiencing a partial recovery in 2010-2014, the food product manufacturing subsector[i] saw a 5% decline in employment, for a net loss of 81,000 jobs.
[i] Industries in the Food Manufacturing subsector transform livestock and agricultural products into products for intermediate or final consumption. The industry groups are distinguished by the raw materials (generally of animal or vegetable origin) processed into food products. The food products manufactured in these establishments are typically sold to wholesalers or retailers for distribution to consumers, but establishments primarily engaged in retailing bakery and candy products made on the premises not for immediate consumption are included. The food manufacturing subsector consists of these industry groups: Animal Food Manufacturing (NAICS 3111); Grain and Oilseed Milling (NAICS 3112); Sugar and Confectionery Product Manufacturing (NAICS 3113); Fruit and Vegetable Preserving and Specialty Food Manufacturing (NAICS 3114); Dairy Product Manufacturing (NAICS 3115); Animal Slaughtering and Processing (NAICS 3116); Seafood Product Preparation and Packaging (NAICS 3117); Bakeries and Tortilla Manufacturing (NAICS 3118); and Other Food Manufacturing (NAICS 3119). [North American Industry Classification System, published at http://www.bls.gov/iag/tgs/iag311.htm.]
May 15, 2014, Ontario, CA - MIAA's founder, Jim Stuber, delivered the keynote address at the 20th annual World Trade Conference sponsored by the U.S. Department of Commerce and the California Inland Empire District Export Council in Ontario, California. To view the conference agenda, click here:
May 7, 2015, Radnor, PA. MIAA's founder, Jim Stuber, appeared as the guest of host Richard J. Anthony, Sr. on The Entrepreneur's Network TV at Radnor Studio 21. The program featured a discussion of the problems caused by offshoring manufacturing and white collar jobs and how consmers can solve the problem with their spending decisions.
Studio 21 has made the program available for viewing here: