Federal Reserve Bank of Cleveland
Are we engineering ourselves out of manufacturing jobs?
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.
Cite this item
Mark E. Schweitzer & Saeed Zaman, "Are we engineering ourselves out of manufacturing jobs?"
, Federal Reserve Bank of Cleveland, Economic Commentary, issue Jan, 2006.
Keywords: Manufactures ; Employment ; Productivity
This item with handle RePEc:fip:fedcec:y:2006:i:jan1
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