Because two of my kids live in Aurora, IL,(pop. 200K) the headline for this story hit me.
As we look to recover manufacturing jobs in the US, it seems that many are being lost at the same time... Robots, Obsolescence, Competition, and a host of other reasons, like the loss of Fracking jobs in N.Dakota which has devastated entire cities.
And so I wonder what you think might happen to rebalance these losses. Are there limits to technology, or healthcare? Is there enough in the entrepreneurial sector to offset the losses?
While I am very happy to be out of the marketplace, I worry for my children and their children. So far, a good education seems to be the floor for a better income, but even at that, there are some indications the salaries of college grads are moving more towards the mean, than upwards.
Butterball will shutter its Gusto meatpacking plant in Montgomery, where it employs about 600 full-time workers, marking another painful loss of jobs in the Aurora area.
The North Carolina-based company's announcement comes after Caterpillar announced last month it would close its manufacturing plant in Montgomery by the end of 2018, resulting in a loss of 800 jobs. Butterball acquired Gusto Packing Co. in 2013; now, most of the plant's products will be discontinued after the plant closes on or around July 17.
Butterball said it informed employees of the plant closing Thursday
As we look to recover manufacturing jobs in the US, it seems that many are being lost at the same time... Robots, Obsolescence, Competition, and a host of other reasons, like the loss of Fracking jobs in N.Dakota which has devastated entire cities.
And so I wonder what you think might happen to rebalance these losses. Are there limits to technology, or healthcare? Is there enough in the entrepreneurial sector to offset the losses?
While I am very happy to be out of the marketplace, I worry for my children and their children. So far, a good education seems to be the floor for a better income, but even at that, there are some indications the salaries of college grads are moving more towards the mean, than upwards.