You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Factory Closures Devastate U.S. Towns [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (Through 2005) Donate to DU
Julien Sorel Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-04-03 05:48 PM
Original message
Factory Closures Devastate U.S. Towns
Advertisements [?]
For you free trade opponents:

When Jerry Wilmouth moved to Galesburg, Illinois, five years ago, everyone told him to get a job at Maytag Corp.'s refrigerator plant. Maytag paid the best, they said, and the 50-year-old factory was the lifeblood of the city.

Now, Wilmouth and 379 others are spending their first week of life after Maytag -- the first of 1,600 workers to be laid off between now and the end of 2004, when the plant closes for good and Maytag moves the work to Mexico.


...

Since the end of the 2001 U.S. recession, job losses have ballooned in many sectors despite economic growth. This "jobless recovery" has drained one in six factory jobs, squeezing many of the nation's more highly paid workers.

Manufacturing pays an average $45,580 in annual wages -- about 17 percent higher than the average U.S. job, according to the National Association of Manufacturers.

The layoffs have carved a swath of unemployment through the Midwest, where cornfields made way for factories after World War II as industry shifted from big cities to comparatively low-cost rural areas.



Link

Printer Friendly | Permalink |  | Top
 

Home » Discuss » Archives » General Discussion (Through 2005) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC