Manufacturing employment has recovered since the 2000s

Economica ◽  
1965 ◽  
Vol 32 (127) ◽  
pp. 359
Author(s):  
R. C. Estall ◽  
D. Creamer ◽  
R. Rothman

Author(s):  
J.K. GALBRAITH ◽  

The changing economic structures, increased complexity and social requirements of advanced societies have rendered the statistical foundations of the National Income and Product Accounts highly problematic as a guide to policy-making. Discussions of “secular stagnation” and low productivity growth are predicated on these problematic measures, including the measures of price change that are used to distinguish “real” from “nominal” changes. This paper explores the consequences for measurement and for policy of the rise of the decline of manufacturing employment, the rise of services, and the rising need for public goods, public services, and investments aimed at sustainability and at the quality of life.


2018 ◽  
Vol 32 (2) ◽  
pp. 47-72 ◽  
Author(s):  
Teresa C. Fort ◽  
Justin R. Pierce ◽  
Peter K. Schott

We use relatively unexplored dimensions of US microdata to examine how US manufacturing employment has evolved across industries, firms, establishments and regions. 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 more careful analysis of these trends might yield sharper insights.


Sign in / Sign up

Export Citation Format

Share Document