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Mar 6, 2012

Economy: Economic News, Policy & Analysis - The Washington Post: The future of America’s manufacturing sector

Economy: Economic News, Policy & Analysis - The Washington Post
Economy News: Get the latest headlines and in-depth coverage of economic news, policy, analysis and more from The Washington Post.
The future of America's manufacturing sector
Mar 6th 2012, 16:50

President Barack Obama reportedly asked Steve Jobs what it would take to bring iPhone manufacturing jobs back to the U.S. to which Jobs replied, "Those jobs aren't coming back."

The exchange, according to a Jan. 12, 2012 report in the New York Times, occurred in Feb. 2011 at a dinner in Silicon Valley. The late Steve Jobs was right. Even though advances in automation, 3D printing, and the rising costs of labor in China will cause manufacturing to return to U.S. shores, we won't need the millions of factory workers we needed in the past. That's because the manufacturing jobs we need filled today are different from the ones we sent abroad. These jobs require fewer workers with very different skills.

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