Tag Archives: The Economist – manufacturing forecasting

Delusion regarding manufacturing jobs: They are not coming back

The manufacturing jobs delusion – Manufacturing jobs: Not coming back

The Economist logo Jan 4th 2017 – The Economist

Donald Trump may or may not have persuaded Ford to keep a plant in Michigan. But history suggests that his aim of creating large numbers of manufacturing jobs will be a lost cause. The problem is not just China but technology. A competitive market means that carmakers must keep investing to add new features while keeping prices down; that may mean replacing people with machines, writes our financial markets columnist

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