Off the sidelinesand back in the game. The labor participation rate is holding and actually increasing, reversing some long-term trends. Good for filling jobs, but might have a dampening effect on wage growth, too. But the majority of workers don't worry about technology affecting their job. Their top worry: loss of benefits.
Another technology application not yet getting the level of attention of robotics: Augmented Reality (AR). This might be as promising to manufacturers as it has positive implications on both the skills gap and operations efficiencies.
Automobile production fell 3.6% in July, the fourth decline in teh last five months. This sector had been a bright spot in recent years. And it has a ripple effect throughout the supply chain of parts makers.
Keith Wisner, Vice President - Workforce & Supply Chain Analytics.