Earlier this year, CNN Money posted a report online with a rather depressing headline – ‘The US has lost 5 million manufacturing jobs since 2000.’ Referring to government data, CNN Money cited that in 1960 approximately 1 in 4 Americans had a job in manufacturing. Fast-forward to 2016, fewer than one in 10 are employed in the US manufacturing sector.
However, this is not a trend exclusive to the US, the manufacturing workforce across much of Europe is said to be shrinking, while the trend continues in East-Asian countries, according to Bloomberg.
CNN Money partly attributes the decline in manufacturing jobs to the rise in industrial computer systems on the factory floor. It’s no secret that industrial computer use is booming, but the idea that it’s resulting in severe job losses across the manufacturing sector is something we don’t entirely agree with. Here’s why…