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"Several trends are working in favor of American manufacturing. Labor costs are rising in China. U.S. corporations are increasingly worried that overseas supply chains are vulnerable to natural disasters and other disruptions. And an oil and gas drilling boom has made energy much cheaper in the U.S., reducing manufacturing costs. Factories have added more than 500,000 jobs in the past three years.""But factories still only employ about 9 percent of the U.S. workforce. That's down from 14 percent in 1997."
If anyone believes factory jobs are going to move back here from China, they need to read this:
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