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Understanding the Decline in Manufacturing Employment | Research Highlights | Upjohn Institute

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The U.S. manufacturing sector started shedding jobs in huge numbers in the early 2000s, coincident with a sharp appreciation of the dollar and a yawning trade deficit. Yet, statistics seem to show the sector’s output keeping up with the rest of the growing economy. Many economists saw this as a sign that high productivity growth allowed manufacturing output to expand even as the workforce dwindled. This view points to automation, not globalization, as the main cause of manufacturing’s sharp job losses. The Upjohn Institute’s Susan Houseman challenges this view. In her research, Houseman finds that output growth was far lower and productivity growth was about the same or only somewhat higher in most of manufacturing than in the private sector overall. So, productivity couldn't explain the massive job losses. Houseman presented this research for the Economic Policy Institute January 12, 2018, in Washington, D.C. The C-SPAN video is available for viewing. How did so many people erroneousl

Understanding the Decline in Manufacturing Employment | Research Highlights | Upjohn Institute Understanding the Decline in Manufacturing Employment The U.S. manufacturing sector started shedding jobs in huge numbers in the early 2000s, coincident with a sharp appreciation of the dollar and a yawning trade deficit. Yet, statistics seem to show the sector’s output keeping up with the rest of the growing economy. Many economists saw this as a sign that high productivity growth allowed manufacturing output to expand even as the workforce dwindled. This view points to automation, not globalization

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