Are we engineering ourselves out of manufacturing jobs?
Abstract: Since the 1970s, productivity growth in the manufacturing sector has outpaced the overall economy, yet the sector?s share of the workforce has declined dramatically. This leads us to ask if we are in fact engineering ourselves out of jobs. This Economic Commentary explores the relationship between productivity and employment and points out why this apparently straightforward relationship may be more complicated than it appears.
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Description: Full text
Provider: Federal Reserve Bank of Cleveland
Part of Series: Economic Commentary
Publication Date: 2006
Issue: JanOrder Number: 1