Manufacturing jobs have been on the decline for some time now in the United states. This article will explore the reasons for this decline in manufacturing employment opportunities.
Productivity
Increasing productivity allows companies to maintain or increase their output using fewer workers. As new technologies are created fewer workers are required to carry out the operations of the applicable firm.
Outsourcing
Some manufacturing work has been outsourced to more productive companies. Some times a firm will outsource jobs to another country where labor prices are considerably cheaper.
I always worry that we will outdo ourselves with technology and put ourselves out of work. With every good comes some bad I guess.
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