Wonkblog illustrates that men-dominated goods producing jobs were ravaged during the Great Recession while it was hardly a blip for the service-sector industry, which employs more women.
Fair enough but at the end of the day, we’re all in this together. Never in history has an economy based only on service-sector jobs been able to thrive. Selling each another hamburgers while good-paying factor jobs continue to move overseas isn’t a path to prosperity.
In growing service industries like tech and financial services, the US dominates but those just aren’t industries that create many jobs. The market cap of Google is about the same size as an industrial giant like General Electric. Google employs 47,000 people worldwide, GE 305,000.
