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Tariffs hit like a Mack truck

Today, Explained

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The Shift from Manufacturing to Services

This chapter examines the decline of manufacturing jobs in the U.S. and other wealthy nations, attributing it to rising productivity due to technological advancements and changing consumer habits. It highlights the resulting job polarization and the impact on communities as the economy pivots towards a service-oriented model. The discussion emphasizes the challenges faced by workers in adapting to this economic shift, especially amidst future uncertainties like AI advancements.

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