Part 6/10:
The implications of offshoring have compounded these challenges. As companies outsourced manufacturing to countries with lower labor costs, these nations developed their own white-collar jobs, turning the tide of competition. Today, the struggle is not only between American factory workers and foreign competition, but rather it involves a global workforce facing formidable challenges from all sides.
Conversely, the increasing desire to resurrect manufacturing jobs suggests a collective longing for stability. Advocates argue it is a sensible response to a changing economy. However, this notion complicates the broader economic realities and overlooks the varying conditions surrounding different types of employment.