Manufacturing
in sentence
1925 examples of Manufacturing in a sentence
OECD statistics show that 40% to 50% of displaced
manufacturing
workers in the EU15 remain without a job 24 months after becoming unemployed.
First, China will begin to wean itself from the
manufacturing
model that has underpinned export- and investment-led growth.
While the
manufacturing
approach served China well for 30 years, its dependence on capital-intensive, labor-saving productivity enhancement makes it incapable of absorbing the country’s massive labor surplus.
With the employment content of a unit of Chinese output more than 35% higher in services than in
manufacturing
and construction, China could actually hit its employment target with slower GDP growth.
Moreover, services are far less resource-intensive than
manufacturing
– offering China the added benefits of a lighter, cleaner, and greener growth model.
But, with so many persistent tail risks and global uncertainties weighing on final demand, and with excess capacity remaining high, owing to past over-investment in real estate in many countries and China’s surge in
manufacturing
investment in recent years, these companies’ capital spending and hiring have remained muted.
Pessimists stress the feared reversal of private capital flows, owing to the US Federal Reserve’s tapering of its purchases of long-term assets, as well as the difficulties of so-called second- and third-generation structural reforms and the limits to “catch up” growth outside of
manufacturing.
But Germany is gradually becoming a bazaar economy in a different sense, because nowadays it specializes in packaging and selling its products, while outsourcing an ever-larger share of its high value-added
manufacturing
to low-wage countries.
From 1995 to 2004, Germany lost a total of 1.09 million full-time equivalent jobs in
manufacturing
and trade.
On the contrary, employment outside
manufacturing
and trade declined, so that the economy as a whole suffered a net loss of 1.26 million full-time equivalent jobs.
Malaria-related health insurance costs for expatriate workers and their families provide a powerful disincentive for
manufacturing
activities.
Despite a slowdown in the
manufacturing
sector’s growth – a trend mirrored in much of the rest of the world – urbanization has continued to accelerate in India, especially in districts with access to better infrastructure.
Other factors that have plausibly stoked political upheaval – deindustrialization, loss of
manufacturing
jobs, stubborn pockets of unemployment in left-behind cities and regions – would also change very slowly, if at all.
Here, the largest sectors will be agriculture and agricultural processing ($915 billion),
manufacturing
($666 billion), and construction, utilities, and transportation ($784 billion), followed by wholesale and retail ($665 billion), resources ($357 billion), banking and insurance ($249 billion), and telecommunications and ICT ($79.5 billion).
According to the Harvard Business Review, Africa also has the potential to become “the world’s next great
manufacturing
center.”
China is expected to lose from 85-100 million low-cost, labor-intensive
manufacturing
jobs by 2030, and Africa stands to capture many of them.
This helps to explain why
manufacturing
will be the second-largest sector in terms of business-to-business spending.
Another reason is that many of the
manufacturing
opportunities in Africa happen to be in globally competitive sectors such as automobiles and transport equipment, refined petroleum, computers, and office and industrial machinery.
In many countries, inadequate local water availability is increasingly constraining decisions about where to set up new
manufacturing
facilities and energy plants.
Major increases in water demand, however, are being driven not merely by economic and demographic growth, or by the additional energy, manufacturing, and food production to meet rising consumption levels, but also by the fact that the global population is getting fatter.
Just as the Great Depression arose in part from the difficulties in moving from a rural, agrarian economy to an urban,
manufacturing
one, so today’s problems arise partly from the need to move from
manufacturing
to services.
In fact, it is more likely to increase consumption of non-traded goods – like health care and education – resulting in profound disturbances to the global supply chain, especially in countries that had been supplying the inputs to China’s
manufacturing
exporters.
At the same time, a deficit in
manufacturing
may create more
manufacturing
jobs abroad, in countries where labor costs are low relative to capital; but it destroys relatively few jobs in the US, where
manufacturing
is already a highly capital-intensive industry.
So, at least in theory, the shift in US employment from assembly-line
manufacturing
to construction, services, and caretaking may have had an impact on the overall distribution of income in terms of gender, but not in terms of class.
Moreover,
manufacturing
employment and output, as a share of the total, began to decline last year.
Indeed, in recent years, labor’s share of national income has been on the rise – a direct reflection of the decline in
manufacturing
and expansion in services.
At the same time, China is undergoing rapid urbanization, with some 200 million people having left the agricultural sector in 2001-2008 to seek urban
manufacturing
jobs.
And he certainly will not be able to bring back the
manufacturing
jobs that the US, like all industrialized countries, has lost in recent decades.
The US economy of high-wage, job-rich
manufacturing
has foundered with globalization.
If there is one thing that everyone agrees on about the East Asian recipe, it is that Japan, South Korea, Singapore, Taiwan, and of course China all were exceptionally good at moving their labor from the countryside (or informal activities) to organized
manufacturing.
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