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US is manufacturing more stuff than ever before, with just a fraction of workers that would be required to achieve the same output 100 years ago. I'd say techno
by lgieron 10y ago
US is manufacturing more stuff than ever before, with just a fraction of workers that would be required to achieve the same output 100 years ago. I'd say technological progress has way bigger impact here than shipping jobs overseas.
- hodgesrm 10y agoDepends on the industry and the relative content of labor in the product, to name a couple of variables. US furniture making for example has been decimated by moving manufacturing to low-wage nations. It has not had a lot of success (as far as I can tell) with reshoring as off-shore labor and transport costs go up.
- twblalock 10y agoThis is a good point. Increases in productivity mean we can manufacture more goods per worker, which means we need fewer workers. If increased productivity is a worker's enemy, that worker really doesn't have much to offer.