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U.S Manufacturing Employment Trend, Causes and Implications for the U.S. Economy - List of Topics Expected to Be Covered in an Economic Analysis Project

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Submitted By nishamohan
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• Why is the manufacturing sector crucial? What is Manufacturing and how employment has in this sector changed over the last 50 years? What we are trying to show and why it is interesting. How do we plan to show it (Definition, Employment Trend( increase upto the 60’s and then the declining share in comparison to the service sector), How is Manufacturing important to the US Economy and why we think that the trend shift to the service sector is not necessarily a bad thing and why a lot of economists are insisting on the manufacturing sector being strengthened, An short explanation of re-distribution of jobs,).
• The Demand for manufactured goods in USA has increased. Then, why has the employment in the manufacturing sector gone down? What is Trade-specialization. How does De-industrialization of developed economies take place? Explain it as a predictor of recession in US.
• Why Manufacturing jobs are such a point of concern (Multiplier effect, and unskilled labor) Improvements in Technology-their effect on productivity and employment in the manufacturing sector.
• How does outsourcing help/harm the manufacturing industry? Does it have a significant effect on employment in manufacturing?
• Why hasn’t the economy bounced back from the current slump in manufacturing jobs. What can be done to provide relief to the former manufacturing employees? Stop of new hiring vs. loss of jobs. How are the unions affecting employment? (The last decade vs. World War II data).
What the experts (the ones we agree with) think should be done to help the manufacturing employment

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