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SUMMER SCHOOL 5: Car Parts, Celery & The Labor Market
Planet Money
The Impact of Technology on Manufacturing Jobs
Technology in high-end manufacturing increases the value of skilled workers like Ralph who can operate and repair machinery./nTechnology also leads to worker interchangeability and job loss, particularly in the manufacturing sector where there has been a significant decline in jobs over the past decade./nMachines can replace workers like Mattie, but cost is a determining factor in whether or not they will be replaced. Technological advancements or cheaper labor alternatives could lead to job loss in the future.
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