Slowing Down the Shrinkage

Joseph Dillon Davey

Chapter Chapter 10 in The Shrinking American Middle Class, 2012, pp 141-154 from Palgrave Macmillan

Abstract: Abstract We saw in an earlier chapter how the Huffy Bicycle Company moved all its production out of Celina, Ohio, where the workers earned about $17 per hour and opened a factory in Shenzen, China, where the workers earn between 25 and 41 cents an hour.1 In fact, American workers in bicycle factories today are becoming about as rare as TV repairmen. The world has changed.

Keywords: Unfair Advantage; Apprenticeship Program; Youth Unemployment Rate; Massive Layoff; American Middle Class (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-29507-1_11

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DOI: 10.1057/9781137295071_11

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