The story in link is the early days of manufacturing of products where human
works with their hands is the labor of production. Hand-on is the labor of
gaining of experience and the knowledge of knowing it. But in modern days,
automation increases more output with less labor production to increase
Later, labor of production is then expanded into services what is now of
modern days of IT, technology areas like design, research, development,
processes, and material that were small parts of the areas of the
manufacturing processes of the products.
These were actually services of production or production services to support
the production and manufacturing. They were small parts of service areas in
the labor of production at that early days. However, these services gained
foothold to leap ahead to provide for and to support the set up of a
flexible manufacturing processes.
The manufacturing experiences gained from by the labor of production became
a source of experiences for companies to understand and understood better of
their insights of how their products can be improved or how their
manufacturing processes can reduce unit cost of labor production and other
aspects of production services.
All these manufacturing worked and gained that used in the expansion of
services are one of the requisites and recipes of services. They are the
adaptors of changes. Without hand-on working,, horning, knowing and
experience of it, service is nothing, so to speak. Service alone will not
produce anything without manufacturing.
Post by sukiki
This way of comparison is not healthy for the economy of the country.
Manufacturing contributes to the education of the people too. People learn
and horn their skills from their books they had learned. A look at the
Japanese is good enough to show that manufacturing gradually groay to nws
increasingly in leaps and bounds from looking at the performance of the
actual product made and sold. In fact America has lost so much of their
manufacturing in the past 30 years can be shown by how much Japan and China
had moved ahead in their respective paces.
I don't think manufacturing job and service job are inherently different in
the sense that manufacturing makes better people out of workers.
Post by sukiki
800,000 factory jobs were lost to Chinese imports, but the U.S. is better
off, researchers say
In a time of increased tension over trade and globalization, a research
paper from a trio of St. Louis Fed economists is a reminder that the impact
of trade patterns on the economy isn’t always straightforward.
The amount of goods America imported from China more than doubled between
2000 and 2007, wrote Lorenzo Caliendo, Maximiliano Dvorkin, and Fernando
Parro, even as manufacturing employment tumbled.
While sectors of the economy that are highly exposed to import competition
from China lost more manufacturing jobs than those with less exposure, the
overall impact to the economy was more mixed. About half the lost jobs —
800,000 — can be directly attributed to the “China shock,” the authors
But those lost jobs may be somewhat offset by other factors, such as access
to cheaper goods. Overall U.S. “welfare” increased 0.6%, the authors
wrote. That translates to an average gain of $260 in extra spending for
every American consumer for each year for the rest of their lives thanks to
more, cheaper, Chinese imports.
Meanwhile, those sectors of the economy that were insulated from Chinese
competition also profited from access to cheaper input materials from China.
In all, the authors found, manufacturing job losses were offset by gains of
“a similar number” of jobs in services, construction, and wholesale and
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