Best US Factory Jobs in Rising Jeopardy

Facing increasing competition and productivity from workers in low-wage nations, US manufacturers slash jobs and costs. One method in use by US car manufacturers is incentives to convince older workers to quit and replace them with less expensive younger workers who also receive fewer benefits. Analysts expect cost-cutting measures from the large foreign manufacturers like Honda or Toyota as well. All companies competing in the global marketplace expect their workers to produce more in less time. Higher productivity, combined with lower value of the dollar, translates into higher wages for the most talented or skilled workers. But the higher productivity also means fewer jobs created overall. – YaleGlobal