Once upon a time, the unite States was the greatest industrial powerhouse that the world had ever seen. collect to the global recession we have fallen off our stall as the worlds fiscal leaders and ar struggling to get back up. Americas monetary crisis has led many corporations and businesses to cut back on financial spending. Unfortunately for our economy, many of those cut backs come in the diverseness of warmheartedness net jobs. The drop in middle charter occupations does not only come at the hands of the recession, tho also because of the increase in technology. The combination of technological advances and a declining economy is bringing about the end to middle sort wages in America.
Our technologically advanced society has created a deficiency in the need for plant and manufacturer workers. agree to Belfast Telegraph, jobs such as plant processing and surface machinists, usually held by men, are disappearing because of technological advances. The solecism from manufacturing has lead many people to seek lower wage jobs. Sophisticated equipment and modern-day processes have increased our nations productivity but it has also decreased our need for traditional manual operations. Many employees are being replaced by machineries specifically in the assembly area.
This has affected the art rate of a once dominant middle class trade.
During our recent recession, the middle class jobs are feeling more(prenominal) of the heat more than lower and higher wage jobs. According to the Huffington Post, Of the net employment losses between the first draw of 2008 and the first quarter of 2010, NELP said in its report, fully 60 percent were in mid-wage occupations, 21.3 percent were in lower-wage occupations and 18.7 percent were in higher-wage occupations. The move our industries to remote countries have opened new plants and factories overseas rather than present in the United States. Now many of our post-industrial cities sit as barren...If you want to get a full essay, order it on our website: Ordercustompaper.com
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