American Economic - Masthead Fighting For American Companies - Fighting for American Jobs United States Business and Industry Council
Current Trade Deficit: - Presented by The Robert A. Stranahan Lectures
The 10 biggest economics stories of 2012 in the Upper Midwest
Friday, December 28, 2012
8.Two important debates in American manufacturing: 1) Whether there is a skills gap, and 2) Whether companies are bringing jobs back to America. I tend to think the skills gap is less pronounced and more complicated than some manufacturers would like the public to think. At very least, average wage trends donít point to a gap. On the question of jobs returning to the U.S., rising Chinese wages could help move work to other countries, but I tend to agree with Alan Tonelson, who argues the work isnít coming back to the U.S.

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