Despite Low Unemployment, Trump Calls For More Jobs.
It reminds me of pumping the accelerator on a car whose engine is already flooded. That will work well.
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It reminds me of pumping the accelerator on a car whose engine is already flooded. That will work well.
"Boston Consulting Group reports that it costs barely $8 an hour to use a robot for spot welding in the auto industry, compared to $25 for a workerโand the gap is only going to widen. More generally, the โjob intensityโ of Americaโs manufacturing industriesโand especially its best-paying advanced onesโis only going to decline. In 1980 it took 25 jobs to generate $1 million in manufacturing output in the U.S. Today it takes five jobs."
"The automated, hyper-efficient shop floors of modern manufacturing wonโt give Trump much room to deliver on his outsized promises to bring back millions of jobs for his blue-collar supporters."
Tough economy out there for sure for many people ...