Work is coming back to America.
And it’s bringing with it the threat of automation.
In the next five years, according to a report by research firm EY, American manufacturing will shrink by more than 10%, from $17 trillion in 2018 to $14 trillion in 2040.
That’s a huge change, and it’s a big reason why the American middle class is struggling.
But if you look at the manufacturing sector as a whole, the problem is not with the robots, but with the people who make the robots.
The middle-class jobs of the past were the ones where the workers had to make the decisions about where they worked and where they were going.
It was always about the job.
Now it’s about the technology.
We’re entering an era where jobs are disappearing at an accelerating rate, and there’s not a lot we can do about it.
Millwork The middle of the economy The middle class doesn’t have a lot of room for growth.
But it’s changing, and that means the middle class has to adapt.
In 2018, the Census Bureau found that about half of the country’s median income is earned by the bottom 20% of households.
In a way, the middle is getting smaller, too.
In 1980, the median household income was $51,000.
By 2015, it was just $34,000, a decline of more than 3% a year.
And the middle has been shrinking for a long time.
In 1960, the bottom 10% of Americans made 40% of the total median income.
By 2030, that had dropped to 30%.
This is what we’ve seen in the middle of American life.
It’s not just that middle-income families have seen a decline in earnings in recent decades.
The median income has actually declined by more in recent years than in any other income group.
In the 1960s, the top 20% earned almost 80% of all the income.
Today, that’s down to just over 50%.
This has been happening for decades, and most people in the top 10% have seen their incomes decline over that period.
A recent report by the Federal Reserve Board found that median income declined by 5.3% in the last decade, while the bottom 40% have actually seen their income increase.
That means the bottom half of households is losing more than they’re gaining.
The middle class isn’t doing so well The problem is exacerbated by the fact that the middleclass doesn’t make enough money.
There are about 4.5 million fewer Americans in the bottom fifth of the income distribution.
That number has dropped from 11.7 million in 1970 to 8.5m in 2020.
This isn’t because of the shrinking middle class.
It is because of a new reality that’s emerged.
The economy is moving in a different direction than it did in the 1970s.
There’s a new set of economic realities.
For example, there are more people who are employed in the service sector than ever before.
The service sector has grown rapidly.
There was a big push for robots in the 1960 and 1970s, but those robots were not a major part of the manufacturing jobs of that era.
Today there are thousands of robots in every factory.
There are many new industries that are taking jobs away from people who need them.
These are not things that people did 50 years ago.
The number of manufacturing jobs has actually grown more slowly in the past few decades than it has in the previous decade.
And a lot more of the growth has been in the non-manufacturing sector.
There were over 7 million manufacturing jobs in 1950.
Today that number is just over 2.5%.
That means that the amount of new jobs that are created is less than the amount that is lost.
For many years, economists assumed that there would be some level of job creation, and they assumed that this would continue for a while.
But the new reality is that jobs are going to move from one part of America to another, and the workers that move from the other part of our country are going be less well-educated, less well trained, less skilled and less well paid than the ones that stay.
What we need is not more robots, or more automation, but we need a rethinking of how we design and deploy our businesses.
The best way to do this is to start by focusing on the people that are making the machines.
To do that, we have to understand how the manufacturing economy has changed.
In 2000, for every new manufacturing job, there were about one new factory job.
Today the rate of job growth has slowed to just one.
And that is a very good thing.
If you look back at the history of manufacturing, it has become much more efficient.
The machines are moving away from the factory, not the workers.
The factories that have replaced them are doing much better at producing the same kind of