U.S. Manufacturing Increase Leaves Out Wage Gains

The video discusses the shifting economic landscape, highlighting rising wages in China and the resulting competitive advantage for US manufacturers. It explores the role of a skilled workforce in the US, the impact of 3D printing on manufacturing, and the global competitiveness of manufacturing in countries like Brazil and Mexico. Additionally, it examines how oil prices influence manufacturing costs.

What factors are contributing to the rising wages in China and how does this affect U.S. companies?

How many companies are known to be reshoring jobs back to the U.S. according to the text?

What is mentioned as a reason for companies to bring jobs back to the U.S.?

What skills are identified as being in shortage in the U.S. workforce?

What role does 3D printing play in the current manufacturing landscape according to the discussion?

How do corporate profits relate to the stagnation of worker wages?

What impact do low oil prices have on manufacturing costs and company decisions?