ABSTRACT

Ever since the Great Recession, business sections of newspapers and numerous other media outlets have focused on the nagging unemployment problem in the United States. Though the economy has improved considerably, the unemployment rate has been frustratingly slow to drop. Some observers are saying it will take years, and others suggest it is systemic and may never return to prerecession “acceptable” levels. Most of these discussions eventually reach the manufacturing employment piece that has resulted from decades of moving work offshore, including entire factories and millions of jobs.