Whether or not you’re a fan of The General, there’s no denying its colossal impact on the North American, and even global, economies. Simply put, GM employs around 80,000 workers in the U.S. and more than 210,000 worldwide. Those numbers have risen from 2010 levels of 77,000 and 202,000, respectively.
U.S. auto sales are expected to rise from 12.8 million units in 2011 to 14 million units in 2012. So if The General can hold onto (or even grow) its 19.6 percent U.S. market share, it will probably have to boost capacity by hiring even more workers. More jobs leads to a reduced rate of unemployment, which in turn leads to a healthier economy and — theoretically — better living.
Not to be accused of being one-sided, this is also true of other major automobile manufacturers.
Common sense? Sure. But it never hurts to lay out the facts… especially on a Monday morning — daylight savings be damned.