Employment and Wages in the American Furniture Industry by Thomas W. McCormack 0000-00-00 00:00:00

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by Thomas W. McCormack
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Employment and Wages in the American Furniture Industry by Thomas W. McCormack
Author
Thomas W. McCormack
Publisher
Aktrin Research Institute
Date of release
Pages
54
ISBN
9781894330176
Binding
Hardcover
Illustrations
Format
PDF, EPUB, MOBI, TXT, DOC
Rating
3
60
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Book review

The study analyses the employment prospects in the American furniture industry. It concludes that employment growth in the early years of the new millennium will be slower than during the last few years of the old millennium. Growth will be strongest in the office furniture segment. The employment of production workers has grown less rapidly than employment of non-production workers. This is due to the introduction of labor-saving technologies. Also, the increased complexity of the business environment has the effect that it requires more and more marketing and administrative efforts to move a product from the plant to the final consumer. Wages in furniture manufacturing are relatively low in comparison to most other manufacturing industries. The gap has been widening during most years during the past decade.

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