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Author: Kerwin Kofi Charles
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
Using data from a variety of sources, this paper comprehensively documents the dramatic changes in the manufacturing sector and the large decline in employment rates and hours worked among prime-aged Americans since 2000. We use cross-region variation to explore the link between declining manufacturing employment and labor market outcomes. We find that manufacturing decline in a local area in the 2000s had large and persistent negative effects on local employment rates, hours worked and wages. We also show that declining local manufacturing employment is related to rising local opioid use and deaths. These results suggest that some of the recent opioid epidemic is driven by demand factors in addition to increased opioid supply. We conclude the paper with a discussion of potential mediating factors associated with declining manufacturing labor demand including public and private transfer receipt, sectoral switching, and inter-region mobility. Overall, we conclude that the decline in manufacturing employment was a substantial cause of the decline in employment rates during the 2000s particularly for less educated prime age workers. Given the trends in both capital and skill deepening within this sector, we further conclude that many policies currently being discussed to promote the manufacturing sector will have only a modest labor market impact for less educated individuals.
Author: Kerwin Kofi Charles
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
Using data from a variety of sources, this paper comprehensively documents the dramatic changes in the manufacturing sector and the large decline in employment rates and hours worked among prime-aged Americans since 2000. We use cross-region variation to explore the link between declining manufacturing employment and labor market outcomes. We find that manufacturing decline in a local area in the 2000s had large and persistent negative effects on local employment rates, hours worked and wages. We also show that declining local manufacturing employment is related to rising local opioid use and deaths. These results suggest that some of the recent opioid epidemic is driven by demand factors in addition to increased opioid supply. We conclude the paper with a discussion of potential mediating factors associated with declining manufacturing labor demand including public and private transfer receipt, sectoral switching, and inter-region mobility. Overall, we conclude that the decline in manufacturing employment was a substantial cause of the decline in employment rates during the 2000s particularly for less educated prime age workers. Given the trends in both capital and skill deepening within this sector, we further conclude that many policies currently being discussed to promote the manufacturing sector will have only a modest labor market impact for less educated individuals.
Author: Teresa C. Fort
Publisher:
ISBN:
Category : Foreign trade and employment
Languages : en
Pages : 36
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Book Description
We use relatively unexplored dimensions of US microdata to examine how US manufacturing employment has evolved across industries, firms, establishments, and regions from 1977 to 2012. We show that these data provide support for both trade-and technology-based explanations of the overall decline of employment over this period, while also highlighting the difficulties of estimating an overall contribution for each mechanism. Toward that end, we discuss how further analysis of these trends might yield sharper insights.
Author: William R. Killingsworth
Publisher: Business Expert Press
ISBN: 1606496115
Category : Business & Economics
Languages : en
Pages : 302
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Book Description
In his new book, Bill Killingsworth documents the decline of economic and intellectual wealth caused by the loss of U.S. Manufacturing. His thought provoking analysis of this empirical data leads us back to the answers to save ourselves and generations to come. —Rick Jarman, President and Chief Executive Officer, National Center for Manufacturing Sciences Exceptional book—timely and insightful. His analysis is spot on, examples persuasive, and recommendations worth consideration at the highest level. A call to action we cannot ignore. —James Rogers, Major General (Retired), U.S. Army Drawing on his extensive experience, thorough research and obvious sense of responsibility, Dr. Killingsworth provides a comprehensive and provocative case for the importance of American manufacturing. This timely work should be required reading for anyone engaged with forming or leading economic policy. —Ralph L. Resnick, President and Executive Director, NCDMM, Founding Director, America Makes Dr. Killingsworth presents clear arguments as to why manufacturing is essential to the United States, and how our nation can capture, benefit, and drive the future of the world economy via embracing global concepts of manufacturing and taking the lead on innovating its future. —Thomas R. Kurfess, PhD, PE, Professor and HUSCO/Ramirez Distinguished Chair in Fluid Power and Motion Control, George W. Woodruff School of Mechanical Engineering, Georgia Institute of Technology Dr. Killingsworth paints one of the most definitive pictures of what has been happening over the last several years in the U.S. manufacturing sector. His statistical analysis and compelling anecdotal evidence contribute invaluable insights for scholars and policymakers alike. This is a must-read in Washington and around the country. —Neal Orringer, Vice President, Alliances and Partnerships, 3DSYSTEMS
Author: Susan N. Houseman
Publisher:
ISBN:
Category : Automation
Languages : en
Pages : 37
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Book Description
U.S. manufacturing experienced a precipitous and historically unprecedented decline in employment in the 2000s. Many economists and other analysts—pointing to decades of statistics showing that manufacturing real (inflation-adjusted) output growth has largely kept pace with private sector real output growth, that productivity growth has been much higher, and that the sector’s share of aggregate employment has been declining—argue that manufacturing’s job losses are largely the result of productivity growth (assumed to reflect automation) and are part of a long-term trend. Since the 1980s, however, the apparently robust growth in manufacturing real output and productivity have been driven by a relatively small industry—computer and electronic products, whose extraordinary performance reflects the way statistical agencies account for rapid product improvements in the industry. Without the computer industry, there is no prima facie evidence that productivity caused manufacturing’s relative and absolute employment decline. This paper discusses interpreting labor productivity statistics, which capture many factors besides automation, and cautions against using descriptive evidence to draw causal inferences. It also reviews the research literature to date, which finds that trade significantly contributed to the collapse of manufacturing employment in the 2000s, but finds little evidence of a causal link to automation.
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Author: United States. Congress. Joint Economic Committee
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 64
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Author: Lionel Fontagné
Publisher: Oxford University Press
ISBN: 019877916X
Category : Business & Economics
Languages : en
Pages : 383
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Book Description
An economic analysis of de-industrialization that considers the ongoing transformation of the industrial economies and the consequences for economic policy.
Author: Justin R. Pierce
Publisher:
ISBN:
Category : Balance of trade
Languages : en
Pages :
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Book Description
This paper finds a link between the sharp drop in U.S. manufacturing employment after 2001 and the elimination of trade policy uncertainty resulting from the U.S. granting of permanent normal trade relations to China in late 2000. We find that industries where the threat of tariff hikes declines the most experience greater employment loss due to suppressed job creation, exaggerated job destruction and a substitution away from low-skill workers. We show that these policy-related employment losses coincide with a relative acceleration of U.S. imports from China, the number of U.S. firms importing from China, the number of Chinese firms exporting to the U.S., and the number of U.S.-China importer-exporter pairs.
Author: Marc Levinson
Publisher:
ISBN: 9781542756662
Category :
Languages : en
Pages : 24
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Book Description
The health of the U.S. manufacturing sector has long been of great concern to Congress. The decline in manufacturing employment since the start of the 21st century has stimulated particular congressional interest, leading Members to introduce hundreds of bills over many sessions of Congress intended to support domestic manufacturing activity in various ways. The proponents of such measures frequently contend that the United States is by various measures falling behind other countries in manufacturing, and they argue that this relative decline can be mitigated or reversed by government policy. This report is designed to inform the debate over the health of U.S. manufacturing through a series of charts and tables that depict the position of the United States relative to other countries according to various metrics. Understanding which trends in manufacturing reflect factors that may be unique to the United States and which are related to broader changes in technology or consumer preferences may be helpful in formulating policies intended to aid firms or workers engaged in manufacturing activity. This report does not describe or discuss specific policy options.
Author: United States. Extension Service
Publisher:
ISBN:
Category : Industrialists
Languages : en
Pages : 144
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Book Description
