CultureCitizen
Silver Member
- Jun 1, 2013
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EXPLANATION : Employers are doing more ( producing more ) with fewer employees. Automation, innovation, and technology are replacing workers. Employers are off-shore out-sourcing labor, importing labor, and we have millions of illegal immigrants living and working in this country. In addition, our unfair, unjust, and one-sided foreign trade agreements and policies heavily favor our trading partners. Since 1960, we've lost the steel, textile, electronics, appliance, furniture, automotive parts, tool, toy, housewares, and farm equipment industries to cheap foreign labor markets. We've closed our plants and factories in favor of strengthening foreign economies. We've sacrificed our economic well-being in favor of supporting foreign labor markets.
Your two blue lines do not match.
That was my bad. I have misread and transposed the lines.
Depends on what political spin you want to put on it.
Bigger profits for the Chinese.What is going to happen in China when automation sets in?
Well it doesn't look really good , so just give it the the political spin you want to give it.Depends on what political spin you want to put on it.
I doubt it will increase very much. Its the information age not the industrial age. Jobs (manufacturing) are going away for good. You can book it.Second question. How much will manufacturing employment increase because of cheap energy in this country?
I hate spin. I was hoping you would offer yours and you gave me a little clue. No the sky is not falling. People will transition into other areas.Well it doesn't look really good , so just give it the the political spin you want to give it.Depends on what political spin you want to put on it.
Not at all? Cheaper energy will, according the laws of aggregate supply and aggregate demand, increase output in the short run, but that says nothing about employment in the long run. In fact, cheaper energy may actually decrease manufacturing employment because it will be even more cost-effective for firms to use machines instead of humans.Second question. How much will manufacturing employment increase because of cheap energy in this country?
Ah well... no , the sky is not falling , but one man's fun is another's hell.I hate spin. I was hoping you would offer yours and you gave me a little clue. No the sky is not falling. People will transition into other areas.
This has been coming for decades. It seems as if people cant adjust to reality and change. I've already told my kids to focus on building a business for themselves instead of depending on a job. Thats like a last option.Ah well... no , the sky is not falling , but one man's fun is another's hell.I hate spin. I was hoping you would offer yours and you gave me a little clue. No the sky is not falling. People will transition into other areas.
Yes, its bad news for people who work in factories and the like . It's bad and its not going to improve , so, they'd better start for a job in the service sector. Bad for dropouts also.
Extrapolating : there will be no factory jobs by 2060.
If you are searching for an employment foucus in the following sectors : financial services, education , healthcare or leisure and hospitality which seem to be the sectors with a real growth.
Finally , even if China collapses completely, production might return to the US, though not the jobs.
Employment by major industry sector
Hey, let's do away with bulldozers and back hoes and go back to using shovels. That should increase jobs, don't you think?Not at all? Cheaper energy will, according the laws of aggregate supply and aggregate demand, increase output in the short run, but that says nothing about employment in the long run. In fact, cheaper energy may actually decrease manufacturing employment because it will be even more cost-effective for firms to use machines instead of humans.Second question. How much will manufacturing employment increase because of cheap energy in this country?
I doubt that it will increase. Our labor cost can't compete with cheap foreign labor markets. Labor cost is a huge burden for American employers. We can't compete with sweat shops that employ child labor. Manufacturing is at a huge disadvantage due to our standard of living and the availability of cheap foreign made goods flooding our market place. In time, "The Global Economy" will, to an extent, equalize labor cost and the standard of living. But, in the meantime, that equalization will be very painful for the U.S. economy.Second question. How much will manufacturing employment increase because of cheap energy in this country?
Manufacturing will be limited to automation, and bulk goods produced for mainly export will be the extent.