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Politics : Formerly About Advanced Micro Devices
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To: tejek who wrote (646795)3/3/2012 11:58:07 PM
From: puborectalis  Read Replies (2) of 1571198
 
But companies don't need as many workers as they did in the past, thanks in part to technology.

"You have a lot of people with specific skills and there's just not a lot of demand for them," said Hank Robison, chief economist with Economic Modeling Specialists Inc, known as EMSI.

So while output will reach pre-recession levels by 2015 and continue growing from there, employees won't see all those gains. In fact, he expects there will be fewer manufacturing workers in 2022 than there are today.

"There have been significant productivity gains achieved in recent years, allowing employers to do more with fewer employees,"

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