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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (102059)7/25/2013 11:55:17 PM
From: bart13  Respond to of 218195
 
Roughly a drop of 6 million jobs in the US since the mid 90s, more than double that when counting the Euro area, etc. Truth on their productivity too... and the US and others also benefited with less expensive goods for a lot of years.

TANSTAAFL.



To: elmatador who wrote (102059)7/26/2013 4:39:04 AM
From: Snowshoe  Respond to of 218195
 
>>Also that productivity is not a monopoly of the US as other countries can use said aids too,<<

Yep...

Foxconn halts recruitment as focus shifts to automation
chinadaily.com.cn

Updated: 2013-02-23 02:38
By HE WEI in Shanghai (China Daily)

Foxconn Technology Group, the electronics manufacturing giant, has halted recruitment at one of its key plants in Shenzhen, due to plans to further automate its production processes, and a higher-than-expected return rate of workers after Spring Festival.

Liu Kun, a spokesman for the company, which makes various kinds of Apple products including the iPhone and iPad, said it had been on a steady course for a while to replace manpower with robotic systems.

"We have canceled hiring entry-level workers after Spring Festival, a decision that is partly associated with our efforts in production automation."

The company has added just a few skilled workers, he said, and it is still looking for "a limited number" of seasoned skilled workers who have prior experience of operating mechanics.

The move reflected Foxconn's wish to move up the value chain by accelerating automation process, a commitment made by its chairman Terry Gou, Liu said.


The week following Spring Festival used to be Foxconn's prime time for hiring new workers. Last year during this time it added 30,000 to the workforce in Shenzhen and elsewhere.

But Liu said that "since 90 percent of workers have come back to work after the holidays, we now see the supply and demand sides well in balance", adding that a 160 percent surge in salaries since 2010 had also helped retain employees.