Changing Workforce / Leadership Skills / Supply Chain Management / Career Development

Perspective: Global economic forces conspire to stymie U.S. manufacturing

By David Dollar for The Hill

Dec 29, 2016

Get Plant Services delivered to your inbox Monday through Friday! Sign up for  Plant Services' complimentary Smart Minute (Monday-Thursday) and Smart Digest  (Friday) e-newsletters to get maintenance and reliability know-how you can put  to use today, plus the latest manufacturing news from around the Web, white  papers, and more. Learn more and subscribe for free today.

One factor contributing to the rise of populist sentiment in the U.S. has been the decline in manufacturing jobs, from 17 million in 2000 to 11 million in 2010, with a small bounce-back since then.

President-elect Trump promises to bring manufacturing jobs back. In thinking about policies that might accomplish this, it is important to keep three economic trends in mind.

First, job loss in manufacturing derives primarily from technological change, not from trade. If we are going to have continuing productivity growth through technological advance, then we need policies to help workers retrain and adjust to changing labor market demands.

Read the full post on