shockedcanadian
Diamond Member
- Aug 6, 2012
- 37,097
- 35,308
- 2,905
Trump is going to lean on these executives and tell them "I gave you decreased regulations, a sharp decrease in taxes, you better bring jobs back to the American worker so that we have a larger tax base to work with"
If you take the 1.3M employed to say, 1.7M employed, that would add another 1.6M employees outside of the direct auto manufacturing job.
ANN ARBOR—While more than 1.3 million Americans are directly employed in the automotive industry, the jobs of more than 6.6 million U.S. workers—a total greater than the populations of 38 states—are linked in some way to the manufacturing and retailing of automobiles, according to a new University of Michigan study.
For every job held by a worker at one of the 21 automobile manufacturers in the United States (621,300 jobs) and their dealerships across the country (717,400 new-vehicle-related jobs), another four “spin-off” jobs are created, either at automotive suppliers and industry-related companies or in industries such as services and retail trade where automotive employees spend their money.
This is among the key findings from a national report that examines the auto industry’s impact on the U.S. economy. Researchers for the study include: George Fulton, Donald Grimes and Lucie Schmidt of the U-M Institute of Labor and Industrial Relations (ILIR); Sean McAlinden of the Environmental Research Institute of Michigan Center for Automotive Research; and Barbara Richardson of the Office for the Study of Automotive Transportation, a division of the U-M Transportation Research Institute.
While the auto industry either leads or ranks near the top of all U.S. industries in economic output, number of employees, job compensation, export activity, and research and development expenditures, such measures understate the industry’s contributions to the American economy by overlooking spin-off activities related to automobile production, the U-M study shows.
If you take the 1.3M employed to say, 1.7M employed, that would add another 1.6M employees outside of the direct auto manufacturing job.
Automotive industry creates four jobs for every worker it employs
ANN ARBOR—While more than 1.3 million Americans are directly employed in the automotive industry, the jobs of more than 6.6 million U.S. workers—a total greater than the populations of 38 states—are linked in some way to the manufacturing and retailing of automobiles, according to a new University o
news.umich.edu
Automotive industry creates four jobs for every worker it employs
ANN ARBOR—While more than 1.3 million Americans are directly employed in the automotive industry, the jobs of more than 6.6 million U.S. workers—a total greater than the populations of 38 states—are linked in some way to the manufacturing and retailing of automobiles, according to a new University of Michigan study.
For every job held by a worker at one of the 21 automobile manufacturers in the United States (621,300 jobs) and their dealerships across the country (717,400 new-vehicle-related jobs), another four “spin-off” jobs are created, either at automotive suppliers and industry-related companies or in industries such as services and retail trade where automotive employees spend their money.
This is among the key findings from a national report that examines the auto industry’s impact on the U.S. economy. Researchers for the study include: George Fulton, Donald Grimes and Lucie Schmidt of the U-M Institute of Labor and Industrial Relations (ILIR); Sean McAlinden of the Environmental Research Institute of Michigan Center for Automotive Research; and Barbara Richardson of the Office for the Study of Automotive Transportation, a division of the U-M Transportation Research Institute.
While the auto industry either leads or ranks near the top of all U.S. industries in economic output, number of employees, job compensation, export activity, and research and development expenditures, such measures understate the industry’s contributions to the American economy by overlooking spin-off activities related to automobile production, the U-M study shows.
