The Decline of U.S. Manufacturing Jobs
Understanding the Challenges of American Manufacturing: Trade Policies vs. Productivity in Job Losses
Have you ever questioned the common belief that productivity gains are the main reason for the decline in U.S. manufacturing jobs? In the second of our U.S. Manufacturing Myth-Busters series from Empowering American Cities, expert economists delve deeper into this issue, challenging the notion that productivity is solely to blame and exploring the significant role of trade policies:
- Trade Impact: Understand how trade policies and global economic shifts contributed to the relocation of manufacturing jobs overseas.
- Productivity vs. Trade: Learn why productivity gains alone cannot explain the rapid job losses in the U.S. manufacturing sector.
- Future Outlook: Explore the potential for reshoring and the factors that could drive manufacturing jobs back to the U.S..
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