Here is the opinion of Augie Picado, country manager for UPS Mexico, in a recent TED speech.
We've heard a lot of rhetoric lately suggesting that countries like the US are losing valuable manufacturing jobs to lower-cost markets like China, Mexico and Vietnam, and that protectionism is the best way forward.
Now, the reality is output in the manufacturing sector in the US is actually growing, but we are losing jobs. We're losing lots of them. In fact, from 2000 to 2010, 5.7 million manufacturing jobs were lost. But they're not being lost for the reasons you might think. Mike Johnson in Toledo, Ohio didn't lose his jobs at the factory to Miguel Sanchez in Monterrey, Mexico. No. Mike lost his job to a machine. 87 percent of lost manufacturing jobs have been eliminated because we've made improvements in our own productivity through automation. So that means that one out of 10 lost manufacturing jobs was due to offshoring.
Thoughts monkeys? Do you agree?
Here is the link to the speech (give it a go if you have time): TED speech