Another article on the global decline of hiring in the manufacturing sector:
http://www.bchinab.com/eng_press_WSJ102803.htm
Economists at Alliance Capital Management LP in New York looked at employment trends in 20 large economies and found that from 1995 to 2002, more than 22 million jobs in the manufacturing sector were eliminated, a decline of more than 11%.
Contrary to conventional U.S. beliefs, the research found that American manufacturing workers weren't the biggest losers. The U.S. lost about two million manufacturing jobs in the 1995-2002 period, an 11% drop. But Brazil had a 20% decline. Japan's factory work force shed 16% of its jobs, while China's was down 15%.
And here is another article bearing this out:
http://lincicome.blogspot.com/2011/05/some-much-needed-perspective-on-fake.html
Also, in regards to other sectors. In case of there being increased need for specialization, but lack of labor, why do people think that automated solutions won't be come up with to ward off the need for more labor? What happened with the phone system was that they came up with dialing to replace the need for operators.
