Proponents of a minimum wage increase say it will not affect jobs, corporations or small businesses adversely. Well, I suppose that a slight increase in minimum wage wouldn’t and it might keep the masses happy, but it won’t be a net positive, every little increase will affect businesses, profits, capital investment and jobs. Let’s talk a little bit about economics 101 and then let me light a fire under your rear with a robotic future reality if minimum wage increases are too drastic.
Manufacturing industries have been making use of robots and automation on a very large scale. Robots have been successful in meeting the requirements of precision, endurance, speed, and reliability. Robots perform all kinds of dangerous and dirty jobs. Robots also handle the manufacturing work which includes material handling (pick and place), welding, packaging, assembling, painting, palletizing, product testing and inspection.
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Market numbers have been estimated based on the average usage of packaging robots for different kinds of applications such as picking, placing, palletizing, de-palletizing, tray packing, case packing and filling among others. Market size and forecast for each segment have been provided in the context of global and regional markets. Market dynamics prevalent in China, Japan, South Korea, North America, and Europe have been taken into account for estimating the growth of the global market. Market estimates for this study have been based on volume, with revenue being derived through regional pricing trends.
There are a number of companies that provide online automated forex robots for forex dealers to trade in the forex markets. While the concept of a forex robot isn’t new, it wasn’t widely available till now. The forex robots were only available to the big global banks and the big Wall Street brokers. The forex software are based on the proprietary algorithms used by the companies. This ensures that the trades are executed on the behalf of the customers 24 hours a day round the week. Usually most automated forex software’s have these features.
As the United States continues to try to pull itself out of a recession, many people are wondering where manufacturing jobs stand in the faltering economy. But is manufacturing a growing industry in the United States? Well, it depends on whom you ask.