The Manufacturing Rebound Is a Myth

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Post by Guest on Mon May 23, 2011 9:40 am

The final blemish on the supposed manufacturing revival in America is the fact that the few industrial jobs that are returning to the U.S. are returning at much lower pay scales than before. For example, the Suarez Corp. is reopening a former Hoover plant in North Canton, Ohio to produce EdenPure space heaters, vacuums, air purifiers and other small appliances it previously made in China. But while the Hoover plant used to pay its workers around $20/hr before it shut in 2007, the new jobs will pay $7.50/hr. (Source.)

This is not the formula for a middle-class economy, now or in the future.

http://www.huffingtonpost.com/ian-fletcher/the-manufacturing-rebound_b_865166.html

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Post by Jobless_in_Ma on Mon May 23, 2011 9:59 am

Holy cow. From 20 to 7??
Isn't minimum wage hire than that??

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Post by Guest on Mon May 23, 2011 10:14 am

Jobless_in_Ma wrote:Holy cow. From 20 to 7??
Isn't minimum wage hire than that??

Not in every state. They range from a high of $8.25 in Nevada to the lowest in MN at $6.15 per hour. The majority of states' minimum wage range from $7.00 to $7.50 an hour. Your state is at $8.00, so I doubt any new manufacturing plants would relocate in MA.

http://www.laborlawcenter.com/t-State-Minimum-Wage-Rates.aspx?gclid=CI389PuS_qgCFRx3gwodQlFNUA

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