As another month passes, the great schism inside the American labor force get wider. We are referring to the unprecedented divergence between the total number of high-paying manufacturing jobs, and minimum-wage food service and drinking places jobs, also known as waiters and bartenders. In October, according to the BLS, while the number of people employed by "food services and drinking places" rose by another 18,900, the US workforce lost another 4,000 manufacturing workers. This is the fourth consecutive month of declining manufacturing workers, and the 7th decline in the past 10 months. http://www.zerohedge.com/news/2016-12-02/2014-us-has-added-571000-waiters-and-bartenders-and-lost-34000-manufacturing-workers
Where I live in Orlando, the service business is on fire. Developers here literally can't put up restaurants and hotels fast enough. And in the rare event that a restaurant does go out of business, there's ALWAYS another restaurateur ready to move in, gut the place and turn it into a new concept. And not only that, but servers and bartenders here make good money depending on the establishment. Some of them are knocking down close to six figures per year (and a good portion of that is straight cash), like the ones that work in some of the higher end steakhouses.
Always pay the tip in green cash. If it's tax deductible put 10% on the card but pay the rest in cash. For some it's a job, for the best it is a profession. Not sure what the difference is between manufacturing a drink and manufacturing a tv set.
The Banjo's of the world are stuck in another era, sadly. They don't get it and probably never will. Hey Banjo, how many engineering and technical jobs were added? That's the future my friend. The fact is 90% of the value from an iPhone or an imbedded control system or any other machine accrues to the designer. Let some factory in China eek out the tiny bit of the value chain that comes from assembling the thing. And if a portion of the population wants to remain uneducated and have unskilled jobs, those are going to be in providing services to the growth engine which are the skilled laborers
Right, java...Because all those high skill bartending and waiter jobs are so lucrative during market crashes and financial downturns. It's so much harder to poor drinks than to build cars, motorcycles, electrical appliances etc...LMFAO
@motif so you think manufacturing jobs survive economic downturns? interesting. Building washing machines is hardly a job that requires any technical competence.
Seems a non-sequitur.... If everybody is employed in a low-paying job of "bartender/waiter"... how can so many have disposable income enough to be going out to dinner or drinking in bars such to support the demand for a large number of bartenders and waiters?
Manufacturing jobs peaked in the late 70's. I graduated high school in 79 and do not recall anyone ever making their career plan to score a manufacturing job - everyone knew that industry was instinct even back than - the few remaining jobs in manufacturing were low paying & back breaking - largely from the union busting from president Reagan.