Welcome back to One Minute Economics. Today we’re debunking the myth that factory work is the comeback hero of American jobs. President Trump has warned workers have “watched in anguish as foreign leaders have stolen our jobs, foreign cheaters have ransacked our factories,” and his trade adviser promises to “fill up all of the half-empty factories.” Even Commerce Secretary Howard Lutnick envisions “millions and millions of human beings screwing in little screws to make iPhones” right here at home. But the reality is that automation and global competition are shrinking factory employment everywhere. Instead, the fastest-growing opportunities lie in services—from healthcare support and elder care to green-energy installation, data analysis and AI development. Roles that require emotional intelligence, creativity and specialized tech skills will dominate. So if you’re planning your future, think less about assembly lines and more about coding, renewable energy, nursing, teaching and personal services. Factory work may be overrated, but the jobs of tomorrow are just getting started.
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