3 ms·
What was the mistake?
by mrfusion 9y ago
What was the mistake?
- tobinfricke 9y ago»“Declining manufacturing employment over the past 30 years has given a lot of people the impression that America’s manufacturing sector is in decline. But that’s actually wrong,” the Vox article explained. “American factories are about twice as efficient today as they were three decades ago. So we’re producing more and more stuff, even as we use fewer and fewer people to do it.”«
- ars 9y agoAn increase in the speed of computer was counted as an increase in manufacturing output. Once you remove all of that the data looks radically different.