When certain branches of the economy become obsolete, as in the case of the steel industry, not only do jobs disappear, which is obviously a terrible social hardship, but certain cultures also disappear.
Sentiment: NEGATIVE
Manufacturing and other unskilled professions that were union jobs, that allowed people to live a middle-class life, are disappearing both because unions are disappearing and because of the global nature of the economy.
Jobs are disappearing from every sector of the economy, from engineering to health care workers, forcing hundreds of thousands of families into unemployment and low-paying jobs.
If you step back and look at technology from every era, it has displaced jobs but also created a lot of jobs.
You lose manufacturing jobs, you rarely ever get them back again.
In the best of years, millions of jobs are lost.
There were a lot of manufacturing jobs lost over a long period of time and particularly after - during the Great Recession. We've had some recovery in manufacturing employment as the economy's recovered.
Jobs will come back when the economy recovers, but they will never be the same.
The notion that employees and companies have a social contract with each other that goes beyond a paycheck has largely vanished in United States business.
Even when America's economy has been by all measures healthy and the unemployment rate low, some businesses suffer or fail and lay off workers. But nearly always, a simultaneous and even greater burst of new jobs has been created to offset the jobs lost - millions of new jobs every year.
Lost wealth may be replaced by industry, lost knowledge by study, lost health by temperance or medicine, but lost time is gone forever.
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