I suppose I should change the language of my post to say that "manufacturing employment has been gutted", as that is what I actually meant.
You are correct, there has been a resurgence in manufacturing in the US. The issue is that these new facilities are much more autonomous then their predecessors, and they are not going to result in pre-1980 manufacturing employment levels. While output may reach record highs, employment won't.
You are correct, there has been a resurgence in manufacturing in the US. The issue is that these new facilities are much more autonomous then their predecessors, and they are not going to result in pre-1980 manufacturing employment levels. While output may reach record highs, employment won't.