Global Economy, Competitiveness, Economic Environment, Labor, Money & Finance, GDP
When discussing employment data, it is imperative to remember that manufacturing is more productive than other sectors. In my report, I note that it takes about 5.8 full-time equivalent manufacturing jobs to achieve $1 million in value-added, versus 7.7 for both transportation and services and 16.9 for retail trade.
The manufacturing sector’s superior productivity growth is persistent over time, creating a large productivity gap between manufacturing and other sectors of the economy. The sector isefficientin delivering value-added—it takes about 5.8 full-time equivalent (FTE) manufacturing jobs to achieve $1 million in value-added, compared with 7.7 FTE jobs for both transportation and services and 16.9 for retail trade. Without manufacturing, our standard of living would stagnate.
Corporate Affairs, Corporate Social Responsibility, Sustainability, Sustainable Business Practices, Leadership, Functional Management, Performance Measurement, Risk & Compliance, Environmental Management, Environmental Resource Management, Energy Management
In a recent MAPI webinar, Bruce Lung from DOE and Thomas Wenning from Oak Ridge National Laboratory walked attendees through the DOE’s Better Plants Program and benefits for joining, lessons learned from partne
Growth & Innovation, Research & Development, Research, Innovation, Leadership, Human Resources, Leadership Development
In Originals: How Non-Conformists Move the World, Wharton professor Adam Grant inspires and informs with diverse examples from business, entertainment, politics, and history; busts myths about idea generation and selection; and provides research-backed advice about how to encourage originality and sell others on new ideas.
Brief commentary on workers' compensation claim case where age and repetitive motion were at issue. The court upheld a jury verdict in Plaintiff's favor finding her injuries developed over time as a result of her employment although her responsibilities did not consist of continuous repetitive movement.