Why a Jobless Recovery?
Manufacturing hints at why business activity has been slow to raise employment.
This shift changes the nature of manufacturing staffing. In the past, discrete, well-defined job positions could be copied and filled as needed. Today, a small staff is likely to consist of individuals covering wide ranges of tasks. To increase output, the natural first approach is just to see whether these versatile people will find a way. As the output figures show, they very often do.
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