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Home » Jobs in Manufacturing Becoming Scarcer Everywhere, Not Just in the Developed World

Jobs in Manufacturing Becoming Scarcer Everywhere, Not Just in the Developed World

April 30, 2014
Business Week

Pretty much every economy around the world has a low or declining share of manufacturing jobs. According to OECD data, the U.K. and Australia have seen their share of manufacturing drop by around two-thirds since 1971. Germany’s share halved, and manufacturing’s contribution to gross domestic product there fell from 30 percent in 1980 to 22 percent today. In South Korea, a late industrializer and exemplar of miracle growth, the manufacturing share of employment rose from 13 percent in 1970 to 28 percent in 1991; it’s fallen to 17 percent today. The decline in manufacturing jobs isn’t confined to the (now) rich world. 

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KEYWORDS Business Week consumer packaged goods Global Supply Chain Management HR & Labor Management Industrial Manufacturing manufacturing employment supply chain jobs Supply Chain Management Supply Chain Management: Industrial Manufacturing U.S. manufacturing
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