Browse content similar to 24/02/2017. Check below for episodes and series from the same categories and more!
Line | From | To | |
---|---|---|---|
Trump pledges to bring millions of factory jobs back to the US. | :00:13. | :00:21. | |
But who really took them - Mexicans, or machines? | :00:22. | :00:29. | |
Plus knock off, get outta here and go home early. | :00:30. | :00:32. | |
Japanese firms bring in a 3pm finish, once | :00:33. | :00:35. | |
Question is - can it really change a culture that has a word for death | :00:36. | :00:41. | |
Also coming up: Never mind the disability, | :00:42. | :00:54. | |
We're going to meet DJ Total Recall as part of our week long series | :00:55. | :01:03. | |
First, "we want products made in America, made by American hands". | :01:04. | :01:10. | |
That was the pledge of US President Donald Trump | :01:11. | :01:13. | |
when he addressed cheering workers at Boeing last week. | :01:14. | :01:18. | |
And he continued the theme on Thursday when he met | :01:19. | :01:20. | |
with the bosses of more than 20 top US companies at the White House, | :01:21. | :01:28. | |
the likes of General Electric, Lockheed Martin, Ford and Dell. | :01:29. | :01:31. | |
He told them he plans to to bring millions of manufacturing jobs back | :01:32. | :01:34. | |
According to President Trump's official website, | :01:35. | :01:43. | |
since it signed the North American Free Trade Agreement | :01:44. | :01:47. | |
with Canada and Mexico, known as Nafta, more | :01:48. | :01:50. | |
America has lost nearly one-third of its manufacturing jobs. | :01:51. | :01:54. | |
And I tell you what, official numbers do seem to back | :01:55. | :01:57. | |
America's Bureau of Labour Statistics says five million factory | :01:58. | :02:00. | |
That's left just 12.3 million Americans employed | :02:01. | :02:06. | |
in manufacturing, well under one in ten | :02:07. | :02:08. | |
Definitely a huge decline from the one in four who worked | :02:09. | :02:13. | |
But are bad trade deals and cheap Mexican and Chinese labour | :02:14. | :02:18. | |
Or is it simply the march of technology? | :02:19. | :02:39. | |
One recent study by Ball State University says the vast majority | :02:40. | :02:42. | |
of these jobs, 85%, have gone because of automation. | :02:43. | :02:44. | |
Persuading companies to reverse this trend could be difficult. | :02:45. | :02:48. | |
The Boston Consulting Group estimates that a human welder costs | :02:49. | :02:51. | |
$25 an hour to employ, while a robot costs less | :02:52. | :02:54. | |
than a third of that, around $8, to do the same job. | :02:55. | :03:01. | |
Still, President Trump told the assembled CEOs he's already | :03:02. | :03:04. | |
Bringing manufacturing back to America, creating high wage jobs, | :03:05. | :03:13. | |
was one of our campaign promises and themes and it resonated | :03:14. | :03:16. | |
with everybody, it was really something what happened. | :03:17. | :03:23. | |
States that hadn't been won in many, many years were, they came over | :03:24. | :03:27. | |
to our fold, a lot of it had to do with the jobs and other reasons, | :03:28. | :03:35. | |
but jobs, and I'm delivering on everything that we've said. | :03:36. | :03:39. | |
In fact, people are saying they've never have seen so much happen | :03:40. | :03:42. | |
Julian Howard is Head of Multi-Asset Solutions at GAM, | :03:43. | :03:49. | |
The awful day! Certainly on the campaign trail, where President | :03:50. | :04:06. | |
Trump said he would bring back jobs, we look at the American economy is | :04:07. | :04:12. | |
almost a title that unemployment fall. Those who want a job can get | :04:13. | :04:18. | |
on. That seems to be the case. The employment rate seems quite good as | :04:19. | :04:23. | |
a headline number, but when you look at the participation rate it isn't | :04:24. | :04:29. | |
that high. Many groups of people aren't as employed as they were | :04:30. | :04:32. | |
before the 2000 a crisis. Certain groups of white working class | :04:33. | :04:37. | |
males... There have been studies on them, they are playing a lot of | :04:38. | :04:43. | |
video games and the drug crisis. Unemployment is higher. So the US | :04:44. | :04:46. | |
economy seems to have low unemployment, but under the surface | :04:47. | :04:49. | |
many groups aren't participating in the recovery. Whether or not | :04:50. | :04:54. | |
President Trump is targeting those particular groups, it appears he | :04:55. | :04:59. | |
doesn't want to just get people back to work, he wants to put people into | :05:00. | :05:02. | |
factories. That's almost like back to the future! Very costly for | :05:03. | :05:11. | |
companies, isn't it? I think it's a romantic motion and conjures up | :05:12. | :05:17. | |
these 1940s posters, making America great. We saw this in a campaign | :05:18. | :05:22. | |
trail as well, images of big Mossley people with hammers. But | :05:23. | :05:27. | |
manufacturing has changed eon recognition. You alluded to the many | :05:28. | :05:30. | |
jobs lost in manufacturing since 2000, but a lot of that has been | :05:31. | :05:38. | |
replaced by more high-tech, more competitive stuff at a dozen neither | :05:39. | :05:43. | |
labour it used to. I that a lot lot of these corporate bosses, when we | :05:44. | :05:48. | |
saw the footage yesterday, they didn't seem to push back and say, we | :05:49. | :05:56. | |
can't do that! -- argue was -- are you surprised. It is extraordinaire. | :05:57. | :05:59. | |
The only real push back within has been on immigration. In terms of | :06:00. | :06:07. | |
these manufacturing CEOs aren't surprised there wasn't resistance to | :06:08. | :06:10. | |
what is essentially a Ford Concept. Who goes to a business meeting where | :06:11. | :06:14. | |
the number-1 agenda is about how to create jobs. It is usually about | :06:15. | :06:19. | |
what resources you can apply. This was an extraordinary investment | :06:20. | :06:24. | |
meeting about jobs and just particularly jobs. It doesn't make | :06:25. | :06:30. | |
sense. I've got to wrap up, briefly, wouldn't a creative President Trump | :06:31. | :06:36. | |
and his team be looking at creating new industries as opposed to looking | :06:37. | :06:40. | |
at all the manufacturing? And here is the contradiction. Elon Musk has | :06:41. | :06:45. | |
been hanging out at the White House and we see this contradiction. They | :06:46. | :06:51. | |
wanted to create this old-fashioned manufacturing industry, and yet | :06:52. | :06:55. | |
Donald Trump does have his eye on the future industries. Thank you for | :06:56. | :06:56. | |
coming in. We're also in Japan, | :06:57. | :06:57. | |
where thousands of workers will be It's part of a drive | :06:58. | :07:00. | |
by the government and business groups to tackle overwork and it's | :07:01. | :07:08. | |
being called Premium Friday. The idea is companies make staff go | :07:09. | :07:11. | |
home at 3pm on the last Friday Death from overwork in Japan is such | :07:12. | :07:15. | |
a longstanding problem it even Now all week we've been bringing | :07:16. | :07:21. | |
you a series of reports and interviews on disability | :07:22. | :08:45. | |
and the workplace. We're finishing with a story | :08:46. | :08:47. | |
from the music business. A DJ has been telling us about his | :08:48. | :08:56. | |
passion for music. Take a look. I struggled a lot getting into it. | :08:57. | :09:15. | |
I've got the CV properly done and I applied for things and never heard | :09:16. | :09:20. | |
anything back. There's always some situation that happens and then I | :09:21. | :09:22. | |
ended up at the music. I applied for a job online. There | :09:23. | :09:33. | |
was a section in the application which states, have you got any | :09:34. | :09:37. | |
disabilities, if so please specify. I specified and they also attached a | :09:38. | :09:42. | |
piece of paper. I went to the interview and all of a sudden this | :09:43. | :09:46. | |
guy came over, put his hand on my shoulder and said, you won't be able | :09:47. | :09:52. | |
to do this. I was like, what? Why am I here? It was really embarrassing. | :09:53. | :09:58. | |
It was. How long did it take you to get over it? A good few months. | :09:59. | :10:04. | |
Music means everything to me. It is my life, my passion, my drive, I | :10:05. | :10:13. | |
sold. Everything. It's just me. -- my soul. I was very self-conscious | :10:14. | :10:19. | |
at one time. A jacket on, sweating, just to cover it up. Then in a | :10:20. | :10:23. | |
transition moment, going from that to doing this in front of 2000 kids, | :10:24. | :10:28. | |
which is 4000 eyes, mind blowing. You can find more on our special | :10:29. | :10:37. | |
coverage of this issue and how businesses are dealing | :10:38. | :10:45. | |
with it at bbc.com/disability. I will be back to have a look at the | :10:46. | :10:54. | |
papers from around the world. | :10:55. | :10:58. |