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America Can Bring Back Factories, But Few Jobs, Says McKinsey

  • Manufacturing could rebound without employing many people
  • Automation makes cheap labor less crucial to producers
A factory worker wears a U.S. President Donald Trump 'Make America Great Again' campaign shirt while selecting pieces of white oak to be manufactured.

A factory worker wears a U.S. President Donald Trump 'Make America Great Again' campaign shirt while selecting pieces of white oak to be manufactured.

Photographer: Luke Sharrett/Bloomberg

President Donald Trump is pushing to revive American manufacturing and bring back U.S. factory jobs. He may be able to deliver on half of that goal.

American manufacturing could be poised to rebound as technological disruption shakes up global production chains, but that will offer little relief to displaced factory workers, according to new research by the McKinsey Global Institute.