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Alabama Shakespeare Festival Enter for Joseph and the Amazing Technicolor Dreamcoat

Productivity Advances Increase Profits, Kill Jobs

Published January 2, 2010 at 11:00 PM CST

In the 1950s, it took nearly 15 man-hours to produce a ton of steel in the U.S. Now it takes around two. Technological advances have made it possible to produce the same amount of steel with a fraction of the workforce.

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