Friday, August 8, 2008

Are Manufacturing Jobs Moving?

Are Manufacturing Jobs Moving? Automation, not some foreign government, is the chief cause of manufacturing job losses worldwide. Or so claims this Control Design column. The author uses compelling facts and figures to show how automation destroys manufacturing jobs by increasing productivity. But according to this article, there's no need to worry because that process is a good thing. Increased productivity, it notes, boosts living standards across the globe. It also generates the capital needed to create other jobs.

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