Thursday 14 September 2017

The real reason manufacturing jobs are disappearing

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Today's TED Talk

The real reason manufacturing jobs are disappearing

12:02 minutes · TED@UPS

We've heard a lot of rhetoric lately suggesting that countries like the US are losing valuable manufacturing jobs to lower-cost markets like China, Mexico and Vietnam -- and that protectionism is the best way forward. But those jobs haven't disappeared for the reasons you may think, says border and logistics specialist Augie Picado. He gives us a reality check about what global trade really looks like and how shared production and open borders help us make higher quality products at lower costs.

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