Cowen: US manufacturing workforce share dropped from over 30% to 7-8%
Tyler Cowen · a16z Podcast | Technology, Mobility, and the American Dream · Jan 2, 2019 · at 37:23
Tyler Cowen, economist and author, discusses structural economic shifts away from manufacturing and their impact on overall productivity.
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“And a lot of the real productivity historically always has been in manufacturing. Right. And that's seven to eight percent of the workforce now. It used to be over 30%.”
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