The Return of Real Labor. Maybe.

America is also becoming a lower-cost manufacturing destination when companies consider the “total cost of ownership,” or TCO: the cost of Figure 1quality, delivery, transportation, energy consumption, labor monitoring, carrying stock, freight, packaging, and all other aspects of production, as well as labor costs. Energy costs are particularly important, and thanks to shale gas, energy in the U.S. is significantly cheaper than before. – U.S. to Match China in Manufacturing Attractiveness by 2015 

Figure 2 & 3Does this mean the eventual return of good paying blue-collar jobs? Here is a nice summary based on a report from the business consulting firm Alixpartners

To see the complete report and analysis click here.

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