<p>➀ Surveys indicate Americans lack interest in returning to factory jobs, and higher wage demands could undermine U.S. company profitability;</p><p>➁ Decades of outsourcing to low-cost labor markets have shifted U.S. employment toward the service sector, which now accounts for over 70% of nonfarm jobs;</p><p>➂ U.S. manufacturing employment has declined from 30% in 1950 to 8% in 2024, driven by productivity gains and globalization, with China emerging as the global manufacturing hub.</p>
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