Productivity growth doesn’t necessarily slow, fund says
President Trump has vowed to revive U.S. manufacturing sector
Economies don’t necessarily suffer lower growth or higher income inequality as factory jobs become more scarce, the International Monetary Fund said.Manufacturing’s share of employment has been declining in advanced economies for almost five decades, the IMF said Monday in an analysis that’s part of its latest World Economic Outlook. The full report, including the fund’s updated global economic forecasts, will be released April 17 at the IMF’s annual spring meeting in Washington.The slide in factory employment has worried some economists and […]
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