All right, this headline might have been relevant (and wrong) about eighty years ago, but it's analagous to the headline for this story from the Washington Post (and still wrong). "Bad news: We're shedding manfuacturing jobs again."
Included in the Post story is this graph showing total nonfarm private sector employment (red) and manufacturing sector employment (blue) since June of 2012.
Yep, manufacturing employment is indeed declining, notwithstanding the increase in total nonfarm private sector employment. Wow! We must not be producing a lot of manufacturing output. Let's see that chart during this same period.
Hmm?!? So what gives?
Let's start by looking at manufacturing sector employment long before June, 2012.
Much like farm sector employment throughout the 20th century, manufacturing employment is being replaced by machines. The cause of the downturn in manufacturing employment is not decreased output, but instead that machines can produce more of it. That's a good thing, not something to lament.
Though if you're a manufacturing employee with few skills, it will indeed be a difficult transition moving into another job, something for which I have great empathy to those who must go through it. But as a whole, we are better off.
How do we know we're better off? Manufacturing sector output per person (below) has been steadily increasing for more than 25 years. This is what makes us wealthier, not more people continuing to do the same thing.