The August jobs report was filled with some interest factoids, like there are now 9.93 million government workers than there are manufacturing workers.
That is a ratio of 1.81 government workers for every manufacturing worker.
Such was not always the case. But a variety of factors such as labor cost differentials, EPA regulations and taxes had led to manufacturing jobs to be sent overseas.
Now a 1.81 government to manufacturing employment ratio is called OVERHEAD. And you wonder why high paying manufacturing jobs are fleeing to other countries?