Thursday, 8 June 2017

Why manufacturing jobs are coming back to the U.S. — even as companies buy more robots

"In the first quarter of 2017, North American companies bought 32 percent more robots than the same period last year, according to data from the Robotic Industries Association. The reason for the increase? Robots have become cheaper."


"Even though now both human jobs and robotic manufacturing are on the rise, in the end machines do take away jobs from humans. For every robot brought into the US workforce between 1990 and 2007, six human jobs were lost, the National Bureau of Economic Research found in a study released earlier this year."
 

Why manufacturing jobs are coming back to the U.S. — even as companies buy more robots

No comments:

Post a Comment

AUTOMATIC RANKING OF TERTIARY INSTITUTIONS IN DEVELOPING NATIONS (A CASE STUDY OF NIGERIA UNIVERSITIES)

University ranking has become increasingly important in recent years among the general public at large because it creates a public platform...