Higher wages and pressure to bring back manufacturing to the US could result in millions of job losses in clothes-making industry in Asia

A combination of higher wages in Asian countries and a trend for bringing back manufacturing to the US could dismantle large parts of Asian economies, many of which depend on the textiles and clothes manufacturing trades for huge portion of their national income. 

An interesting video report by the Financial Times points to this possible future, but adds that in practice, for now, “almost all of the world’s T-shirts and jeans by millions of cheap workers, mostly women, watching over sewing machines”.

And beyond T-shirts and jeans, the vast majority of jobs and tasks in the clothes manufacturing sector in general is still done by humans.  Continue reading Higher wages and pressure to bring back manufacturing to the US could result in millions of job losses in clothes-making industry in Asia