Chapter Two: How Has Automation Changed the Manufacturing Sector?
Published: April 01, 2021
Manufacturing jobs have dramatically declined in recent years, and these losses have affected the employment rates of prime-age workers. Younger workers without a high school degree have been negatively impacted the most by manufacturing employment changes, while high-skilled workers have become more in demand.
This lecture was recorded in the fall of 2019 before the pandemic.
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Discussion Questions
- Why is the labor market important to understand?
- How do people adjust to technological changes that affect their jobs?
Additional Resource
- Erik Hurst talks with EconTalk host Russ Roberts about the state of the labor market in the United States. Available here.