Jobs vs GDP in the Manufacturing Debate | Ep 35

Published: Dec. 18, 2019, 3:48 p.m.

In the various policy debates over trade and industrial policy, the framing is very important. I discuss the tradeoffs between manufacturing employment and output given the trends we've seen in these two data series over the last 20 years.
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\nManufacturing Employment Graph

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Annual Growth in Manufacturing Employment Graph

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Manufacturing Real Output Graph

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Annual Growth in Manufacturing Output Graph

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