Posted on 10/15/2010 9:59:35 AM PDT by WebFocus
American industry is at the end of a four-decade tail spin.
We've reached the point where people talk about a recovery that doesn't bring back factory jobs, or at least gives up some industries for lost.
In this light, it's surprising to read a rosy outlook from the NBER about the impact of immigrant labor and offshoring.
Both practices have a cost-saving effect, the study finds, that "may leave unaffected, or even increase, total native employment of less skilled workers."
Maybe these 11 industries are on the verge of a renaissance, but we think not.
(Excerpt) Read more at businessinsider.com ...
American Prospect & EPI ping.
1) Tobacco products: 19% native-born workers
2) Beverages: 28% native-born workers
3) Soap and cleaning compounds: 37% native-born workers
4) Transportation equipment: 40% native-born workers
5) Jam and specialty foods: 43% native-born workers
6) Cutlery and hand tools: 45% native-born workers
7) Leather: 49% native-born workers
8) Pharmaceuticals: 50% native-born workers
9) Computer equipment: 51% native-born workers
10) Household appliances: 51% native-born workers
11) Communications/AV equipment: 52% native-born workers
Thanks very much for consolidating the list. That was hard work.
Surprised Engineering is not on that list.
de nada...
It is.
Ping!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.