The Decline in Manufacturing Jobs: Not Necessarily a Cause for Concern

2019-03-14T13:10:21-04:00April 9, 2018|

By Bertrand Gruss and Natalija Novta

April 9, 2018

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Textile manufacturing plant in Recife, Brazil: in many countries, the share of manufacturing jobs is declining (photo: Ingram Publishing/Newscom).

Manufacturing jobs are waning. In many emerging market and developing economies, workers are shifting from agriculture to services, bypassing the manufacturing sector. In advanced economies, the rise in service sector employment typically […]