Closing US Manufacturing Trade Deficit Would Create 1.3M Jobs, Says Tech Think Tank

The prevailing narrative says automation was the main culprit behind U.S. manufacturing job losses in the early 2000s, and that automation is now powering an unprecedented manufacturing technology revolution that will continue to displace jobs. But a new report from the Information Technology and Innovation Foundation (ITIF) finds that both of these claims are false. 

ITIF, a leading tech-policy think tank, finds that trade pressure and faltering U.S. competitiveness were responsible for more than two-thirds of the 5.7 million manufacturing jobs lost between 2000 and 2010. And rather than entering a "fourth industrial revolution," U.S. manufacturing productivity growth is actually near an all-time low. In light of these facts, ITIF concludes that U.S. policymakers should aim to close the country's trade deficit in manufactured goods by fighting foreign mercantilism and pursuing a national competitiveness agenda that hinges in part on boosting manufacturing productivity rates. The report estimates that successfully closing the manufacturing goods trade deficit this way would create 1.3 million jobs.   Full Press Release:

Featured Product

OnLogic Karbon 520 Series of Scalable Rugged Computers

OnLogic Karbon 520 Series of Scalable Rugged Computers

The OnLogic Karbon 520 Series of rugged computers is purpose-built to deliver unwavering performance and reliability in the face of extreme temperatures, vibration, and dynamic power conditions. Powered by the latest Intel® Coreā„¢ Ultra processors and validated by MIL-STD-810H testing, the Karbon 520 Series makes it possible to deploy dependable computing for AI at the edge, advanced automation, or critical remote and in-vehicle applications in even the most challenging environments.