Millions of manufacturing Jobs could go unfilled?

[Btowner]

Interesting Bloomberg article on the how the lack of skills, not globalization is impacting manufacturing jobs. 

• "Workers are most lacking in computing and technical skills, as well as basic math and problem-solving, the study found. "
• "Manufacturing jobs are here and growing in numbers, but you can’t just show up at a plant after high school and get hired any longer. You need some specialized training and certifications."
• "Unskilled assembly-line work has been replaced by so-called advanced manufacturing jobs that require some computer, information technology, or other technical knowledge"

https://www.bloomberg.com/news/articles/2017-03-16/millions-of-manufacturing-jobs-could-go-unfilled

[Starkiller]

Most of the low tech and low skilled manufacturing work is what went overseas. Much (certainly not all) of what remains is more complicated and precise than those manfacturing jobs. 

But even on the lower skilled manufacturing jobs it's getting to be cheaper to automate the process than to pay humans to do the work. Even in China, where employees are cheap, the company that builds most of Apple's iPhones is turning to automation.

http://www.theverge.com/2016/12/30/14128870/foxconn-robots-automation-apple-iphone-china-manufacturing

Edited March 18, 2017 by Starkiller

[9 Nines]

15 minutes ago, Starkiller said:

Most of the low tech and low skilled manufacturing work is what went overseas. Much (certainly not all) of what remains is more complicated and precise than those manfacturing jobs. 

But even on the lower skilled manufacturing jobs it's getting to be cheaper to automate the process than to pay humans to do the work. Even in China, where employees are cheap, the company that builds most of Apple's iPhones is turning to automation.

http://www.theverge.com/2016/12/30/14128870/foxconn-robots-automation-apple-iphone-china-manufacturing

Robots probably don't do much shopping, so this is going to be a big demand drain, the lack of which is the main economic problem of recent times.  So if the robots are not going to buy stuff, why even use robotics to make stuff. 

[OILERMAN]

17 minutes ago, 9 Nines said:

Robots probably don't do much shopping, so this is going to be a big demand drain, the lack of which is the main economic problem of recent times.  So if the robots are not going to buy stuff, why even use robotics to make stuff. 

Gotta pay the workers in company dollars!

Company dollars: In the United States, mining and logging camps were typically created, owned and operated by a single company.^[4] These locations, some quite remote, were often cash poor;^[1][2][3] even in ones that were not, workers paid in scrip had little choice but to purchase goods at a company store, as exchange into currency, if even available, would exhaust some of the value via the exchange fee. With this economic monopoly, the employer could place large markups on goods, making workers dependent on the company, thus enforcing employee "loyalty".

[Starkiller]

2 hours ago, 9 Nines said:

Robots probably don't do much shopping, so this is going to be a big demand drain, the lack of which is the main economic problem of recent times.  So if the robots are not going to buy stuff, why even use robotics to make stuff. 

Companies tend to focus more on the immediate term making/saving money part. 

[Starkiller]

2 hours ago, OILERMAN said:

Gotta pay the workers in company dollars!

Company dollars: In the United States, mining and logging camps were typically created, owned and operated by a single company.^[4] These locations, some quite remote, were often cash poor;^[1][2][3] even in ones that were not, workers paid in scrip had little choice but to purchase goods at a company store, as exchange into currency, if even available, would exhaust some of the value via the exchange fee. With this economic monopoly, the employer could place large markups on goods, making workers dependent on the company, thus enforcing employee "loyalty".

We haven't quite gone back to the days of the company town yet. And more automation won't cause that, just a drop in consumer spending (and economic unrest).

But once automation takes a bigger and bigger foothold the economics will change drastically. It is going to cause a political upheaval, but I can't get into that for a few months.

But hey... the robots won't take over before my politics ban ends, so it's all good...

[TitanDuckFan]

So the onus will be on the schools, the NEA and the AFT to shift the education of our kids to compete and acquire those jobs.

 

[Opus74]

2 hours ago, OILERMAN said:

Gotta pay the workers in company dollars!

Company dollars: In the United States, mining and logging camps were typically created, owned and operated by a single company.^[4] These locations, some quite remote, were often cash poor;^[1][2][3] even in ones that were not, workers paid in scrip had little choice but to purchase goods at a company store, as exchange into currency, if even available, would exhaust some of the value via the exchange fee. With this economic monopoly, the employer could place large markups on goods, making workers dependent on the company, thus enforcing employee "loyalty".

St. Peter, don't you call me, 'cause I can't go

I owe my soul to the company store

[Starkiller]

7 minutes ago, Soxcat said:

Assume manufacturing comes back Americans can either get off the shitter and acquire skills or they can see Asians and others come here to get those jobs.  I'm talking about the good jobs most of which are the guys who create, build or maintain.  The liberal way is to keep people in Janitorial jobs and then bitch because they don't pay enough.  No, the economics don't change that much.  We just don't need as many chimps to do the work.  The objective is to improve the productivity which makes products more efficiently which leads to improved standards of living.  

The issue isn't that people think that janitors or waiters or fry cooks deserve to be paid like movie stars and live like princes. We just think that anyone who works 40 hours a week should at least be living above the poverty line. Especially when many of these working poor work for companies that make billions in profits.

Just because I can't make any political suggestions on how to fix that problem doesn't mean you can't...

[Number9]

I refuse to use the self checkout machines in stores.  I tell the cashiers that the self checker never bought anything from me.

[OILERMAN]

6 hours ago, Starkiller said:

We haven't quite gone back to the days of the company town yet. And more automation won't cause that, just a drop in consumer spending (and economic unrest).

But once automation takes a bigger and bigger foothold the economics will change drastically. It is going to cause a political upheaval, but I can't get into that for a few months.

But hey... the robots won't take over before my politics ban ends, so it's all good...

Food stamps = company dollars

[ChesterCopperpot1]

16 hours ago, Btowner said:

Interesting Bloomberg article on the how the lack of skills, not globalization is impacting manufacturing jobs. 

• "Workers are most lacking in computing and technical skills, as well as basic math and problem-solving, the study found. "
• "Manufacturing jobs are here and growing in numbers, but you can’t just show up at a plant after high school and get hired any longer. You need some specialized training and certifications."
• "Unskilled assembly-line work has been replaced by so-called advanced manufacturing jobs that require some computer, information technology, or other technical knowledge"

https://www.bloomberg.com/news/articles/2017-03-16/millions-of-manufacturing-jobs-could-go-unfilled

Let's cut more education!!! 

[ChesterCopperpot1]

12 hours ago, Soxcat said:

Assume manufacturing comes back Americans can either get off the shitter and acquire skills or they can see Asians and others come here to get those jobs.  I'm talking about the good jobs most of which are the guys who create, build or maintain.  The liberal way is to keep people in Janitorial jobs and then bitch because they don't pay enough.  No, the economics don't change that much.  We just don't need as many chimps to do the work.  The objective is to improve the productivity which makes products more efficiently which leads to improved standards of living.  

If that's what you think the liberal way is then you're sorely mistaken. 

[ChesterCopperpot1]

6 hours ago, Number9 said:

I refuse to use the self checkout machines in stores.  I tell the cashiers that the self checker never bought anything from me.

If I have just a few items, I'll use them. But if I have more than 10 or so items, I'll go wait in line for a real person. 

[ChesterCopperpot1]

1 hour ago, Soxcat said:

You keep saying companies make billions.  Look at the profit margin and stop looking at the size.  These same companies pay billions in taxes to the government. Why I agree there can be ways to make things more equitable and fair the reason these companies are in business is to try and make a profit.  Not to employ workers and give them better wages.  So make it easier for companies to make a profit and they can pay more to the workers that deserve it.  

Your perspective has always been, for some illogical reason, that companies should exist to hire workers.  That is ridiculous.  Is that why you are in business?  Again, the purpose is to have people be more and more productive.  The more someone produces the higher their standard of living.  Your answer to the unemployment is companies aren't hiring like that is their moral purpose.  

Kroger isn't there to hire people.  Neither is an oil company.  I really don't care if companies or corporations pay anything in taxes.  Tax personal income (higher if neccesary).  Tax capital gains.  But let companies have the best opportunity to exist and make a profit.  Then everybody is better off and how well a company runs their business is the motivational factor.  Not how they can get some lib to vote for their special interest.  When companies prosper they hire and pay better wages.  Not to mention they offer benefits. 

And by the way it was the government's interference that has caused the vast majority of major screw ups.    

Wait a second, it is March and you aren't supposed to be discussing this on here.  

 

Speaking of margin, I found this where is has the 2015 and 2016 profit margin for different industries. Health tech has a 20+% profit margin. That's insane. https://www.google.com/amp/s/www.forbes.com/sites/liyanchen/2015/12/21/the-most-profitable-industries-in-2016/amp/