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Why isn’t the US job market more dynamic? – American Enterprise Institute

Why isn’t the US job market more dynamic? – American Enterprise Institute

May 28, 2017 By Robert M Leave a Comment

There are major problems with the job market in the United States. They need to be fixed but that can’t be done unless they’re known about. If you are looking for a job the problems might hinder you so you need to know about them so you can avoid their negative affects on you. The economy depends on people’s ability to find jobs so the market affects more than you’d think. It affects prices and more.

Key Takeaways:

  • The inverse ration between manufacturing output and employment, shows that automation is adversely affecting employment rates.
  • However, since the US economy is shifting towards service, and away from production, new tech start ups are not damaging the employment rate as much as some might assume.
  • The number of Americans working in the product manufacturing sector has gone done dramatically since 2000.

“Jobs are created at the top and bottom but not so much in the middle.”

Read more: https://www.aei.org/publication/why-isnt-the-us-job-market-more-dynamic/

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Related posts:

  1. The Amazon effect on US retail productivity – American Enterprise Institute
  2. Most Americans unaware that as US manufacturing jobs have disappeared, output has grown – Pew Research Center
  3. More news on US productivity growth! More bad news on US productivity growth! – American Enterprise Institute
  4. Data Analytics Outsourcing Market – Global Forecasts, Market Size, and Growth Prospects by Technavio – Business Wire (press release)

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