Title: Do technological improvements in the manufacturing sector raise or lower employment?
Description: "We find that  technology's effect on employment varies greatly across manufacturing  industries.  Some industries exhibit a temporary reduction in employment in  response to a permanent increase in TFP, whereas far more industries exhibit an  employment increase in response to a permanent TFP shock.  This raises serious  questions about existing work that finds that a labor productivity shock has a  strong negative effect on employment.  There are tantalizing and interesting  differences between TFP and labor productivity.  We argue that TFP is a more  natural measure of technology because labor productivity reflects shifts in the  input mix as well as in technology"--Federal Reserve Bank of Philadelphia web site.
Subjects: Effect of technological innovations on, Labor productivity