Andy Grove's Passing And Job Growth

A piece in the New York Times Andy Grove's Warning To Silicon Valley points to Groves's essay from 2010: How America Can Create Jobs. Groves, who served as Intel CEO for many years, saw a big problem in the attitudes in American business toward manufacturing. He saw the shift of factories abroad as robbing the United States of much needed expertise and competitive advantage. This downgrading of the importance of manufacturing has fallen most heavily on the less intellectually able. As I've pointed out previously, the employment:population ratio spans over 29 percentage points between high school drop-outs and those with at least a bachelor's degree in college. While the high school drop-outs are around 42-43% employed (unemployment rates are misleading)...
Source: FuturePundit - Category: Research Authors: Source Type: blogs