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


To: Elroy Jetson who wrote (132071)3/14/2017 4:10:30 PM
From: bart13  Read Replies (1) | Respond to of 217653
 
Total manufacturing employees peaked in 1979 in the high 19 million range, with output per worker in 2005 dollars at just under $100,000

Total manufacturing employees in 2013 was around 12 million (minus 7 million, over a 1/3 drop). with output per worker over $305,000 (tripled) in 2005 dollars.

Productivity gains w/o robots was huge!



To: Elroy Jetson who wrote (132071)3/15/2017 4:25:29 AM
From: Haim R. Branisteanu  Read Replies (2) | Respond to of 217653
 
This development explains the low participation rate constant growth in productivity and the low inflation.

The present administration does not get it and a very different compensation structure must be established.

One example a worker that is unemployed and wants to engage in skills improvements and participate in one of the special skills courses should receive a 80% salary as if he works in his previous job.

This is floating only one idea, of course there needed to be checks and balances. Retirement age should be more flexible similar to that practiced in Russia depending on the type of employment. Of course government employees should be excluded and continue as it is.

Income from new acquired advanced jobs should be tax free after retirement.