Paul Krugman, the Nobel prize winning economist and New York Times columnist, took to Twitter on Friday to address the state of the US labor market and promises by President-elect Donald Trump to being back manufacturing jobs.
To Krugman, the decline in manufacturing employment in the US isn't because of outsourcing, but rather a decades-old feature of the industry.
"The story of U.S. manufacturing is basically one of high productivity growth allowing demand to be met with ever fewer workers," ...
http://www.businessinsider.com/krugman-tweets-on-manufacturing-labor-market-jobs-donald-trump-2016-11
To Krugman, the decline in manufacturing employment in the US isn't because of outsourcing, but rather a decades-old feature of the industry.
"The story of U.S. manufacturing is basically one of high productivity growth allowing demand to be met with ever fewer workers," ...
http://www.businessinsider.com/krugman-tweets-on-manufacturing-labor-market-jobs-donald-trump-2016-11
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