In the United States, the automotive industry employed approximately 880,000 workers in 2008, or approximately 6.6% of the manufacturing workforce, and this includes workers who assemble automobiles and those who assemble the engines for these vehicles, since the beginning of the decade the automotive industry has managed to eliminate 435,000 manufacturing jobs, or 3.3% of all manufacturing jobs that existed in 2008. The employment rate it first fell below 1 million in early 2007. In the latter half of 2008, the global recession took its toll on the US economy. There was a combination of factors that led to a widespread crisis in the automotive industry in the United States: in the years leading up to the crisis there was a decline in car sales and a shortage of credit. In 2008, following a huge drop in sales, General Motors, Ford and Chrysler all requested emergency loans to fill the cash gap, and in 2009 the situation got even worse. General Motors and Chrysler were facing imminent bankruptcy. http://digitalcommons.ilr.cornell.edu/cgi/viewcontent.cgi?article=1671&context=key_workplace This lie that there would be massive job losses and serious damage to the US economy during this economic crisis, find new jobs jobs were extremely difficult and the unemployment rate was extremely high and it was the less educated workers who were most at risk of being fired from those jobs, but workers with a higher level of education were also laid off during the recession. The job loss rate for graduate workers was 11% and this was the highest since the 1980s and older workers were also at risk of losing their jobs. The length of time these unemployed were also reaching new records, with an average…half-paper…loss of jobs in the auto industry, and every body was being affected, from older workers to younger ones and those well educated and educated. less educated workers. With the bailouts and restructuring of the 3 car companies in the USA many jobs have been lost to be replaced by cars, some express concern about this but in reality it serves as security for a future recession. A good example we have to draw from this event is the fact that Ford was the only tree manufacturing company in the United States to exit without going bankrupt. but looking back it seems that every recession is worse than the previous one, so one piece of advice that could be given to these companies is to try to save for future emergencies because perhaps in the future there will not be foreign companies willing to invest and save them especially in a global crisis of which every country feels the effects.