Capital chases efficiency and that can take jobs offshore, like it did for manufacturing. Despite all the media hype (they sell hype), this is a healthy process. But, manufacturing is coming back to the 1st world in the form of automated manufacturing (high cost of energy can further accelerate this trend). This means manufacturing does not really generate local jobs since it requires few people to run them. And the folks that run the plants are highly trained/skilled engineers. So what is the future for jobs in the 1st world? Service. Take a look at NPR’s graph for a breakdown. The question you should be asking yourself is this “Could my job be outsourced and/or moved offshore?” If the answer is yes/probably, start making an investment to move your career in a direction to where you serve the new 1st world economy.
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