Decline of Manufacturing Jobs Turning Heads

Today, products made in America seem akin to a fairytale due to the cost effectiveness of outsourcing to other countries.

In the 1990s the manufacturing industry took a hit of one third of it’s employed which escalated to half in the 2000s.

The primary reason jobs were lost is due to output reduction resulting from the inability to stay competitive.

Read the full article here:

Manufacturing in America – A Story of Global Competition | Todays …

Speak Your Mind