Robots may prevent Trump from bringing back the manufacturing jobs he promised. Source: Reuters President-elect Donald Trump has promised to wage a war against globalization, to bring back jobs that corporations have sent abroad. But what about all the jobs that simply don’t exist anymore, left behind by advances in technology?
For anyone in the US manufacturing economy Trump has been describing, a job lost to China looks and feels identical to a job lost to technology, making it hard to effectively get to the bottom of what’s happening—and how to fix it for the American workforce.
From Federal Reserve data, […]