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Manufacturing sector slows in July Exactly. You are taking a very very regional thing and projecting it to a more macro level which doesn't always work out too well. Towns grow and die and job markets shift and change. Just because we have smaller towns now in some parts because the flash bulb factory went out of business (the town where I went to high school) doesn't mean that our ability to expand beyond flashcubes as a society was a bad thing. Nor does the fact that we have ghost towns along old highways mean that our interstate highway system was a bad thing. There are certainly winners and losers in these types of situations, the idea is that under this scenerio there are more winners than losers (unlike what you tend to get when you engage in protectionism).
Manufacturing sector slows in July
Manufacturing sector slows in July DepenRAB on where you live I guess. I saw manufacturing jobs vanish in middle GA in which a large nuraber of communities suffered and have far greater unemployment and poor as a result. Some new manufacturing came but not to the point where it was an even "wash". Simply telling these people to "get a high school diploma" won't do crap if there are literally no jobs there. I would hazard a guess that the majority do anyway. Granted, they could move where there are jobs...
Manufacturing sector slows in July All manufacturing isn't the same.
Manufacturing sector slows in July DE is too durab to realize that none of that disputes what Dylith posted.
Manufacturing sector slows in July Pick 100 random items in your house and look and see where they are made. I dare say you will see more made in China than those made in any country in Europe ... unless you are maybe a college student and love Ikea furniture.
Manufacturing sector slows in July I don't think that those jobs ever really paid extremely well relative to the living standarRAB of today. When we were running sweatshops and 12 hour days in unsafe working conditions it was pretty shitty too. It is a good thing, both economically and for us in terms of leisure that we have managed to progress past relying on a low skill manufacturing base. If you need a better job get a high school diploma and move on up out of the minimum wage job at McDonalRAB.
Manufacturing sector slows in July This rather seems to be opperating under the assumption that China is our main competitor in the area of manufacturing. I'm not sure if that is the case given what the two countries produce. We are probably in stronger competition with europe seeing as how our manufacturing sector is very capital intensive and higher tech. That's just a guess though.
Manufacturing sector slows in July Meh, with other currencies hurting a bit relative to the dollar (the Euro perhaps, especially in the department of future expectations) it's no wonder that our manufacturing sector has taken a bit of a hit. Seems perfectly natural.
Manufacturing sector slows in July Probably not. What's the solution, less manufacturing opportunities or simply lower corp taxes for growth?
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