You’re confusing loses in one sector of the economy as overall loses.
It is widespread in a lot of industries. The reason that I point out Procurement is that you can see that. Granted, some of it could even go back 20+ years.
I have pointed example after example of all the major Automotive Companies struggling the last year and doing layoffs. Whether you look at BMW, Ford, GM, Nissan, Honda, Stellantis, etc. They all ran layoffs. Look all over Nashville area right now. Dollar General, Nissan, Bridgestone, Brooksdale, Phillips, Electrolux, etc. The only local company that I have heard is doing someone alright is Schneider Electric. All of them have reduced staffing, closed sites, freezed hiring, etc. These actions were occurring even before Trump was elected (I also don't think it is fair to blame Biden for all of this as this decline has been occurring for over 20+ years).
You can't compete against $ 5 per hour workers.
You idiots don't realize that if this continues, we will have to drop minimal wage out of necessity. Service Industry will go next and it is already in decline because young people don't have money to actual buy products (or houses, cars, etc.). There has been some change in Corporate philosophy towards more localization of supply, even at higher costs, for efficiency (they call it Sustainability) but it isn't a lot.
Also, I love how you point out 1960s. Go to Detroit in 1960s or Akron (Tire City) and compare with the modern era.
Frankly, the big moment that everything started to go downhill for USA was when Nixon visited China and opened them up.