Interesting point. In addition to population growth, you could say that this comes with progress in technology and policy, too.
Countries like China and India a good place to export our jobs, at a minimum, because they're stable enough. Even if we could trade with China in the late 1950's, the Great Leap Forward would've made such trade very unattractive. Why would I want to export my jobs to a country where the average citizen isn't even fed properly, assuming I could?
I posit that as countries such as North Korea and Libya stabilize, the global job growth rate will have to increase in order to main the job-to-employable-people ratio. A positive, but stable, job growth rate would not be enough.
I could be totally wrong about this in that there will always be some minimum political chaos in the world, but I'm an optimist :)
Countries like China and India a good place to export our jobs, at a minimum, because they're stable enough. Even if we could trade with China in the late 1950's, the Great Leap Forward would've made such trade very unattractive. Why would I want to export my jobs to a country where the average citizen isn't even fed properly, assuming I could?
I posit that as countries such as North Korea and Libya stabilize, the global job growth rate will have to increase in order to main the job-to-employable-people ratio. A positive, but stable, job growth rate would not be enough.
I could be totally wrong about this in that there will always be some minimum political chaos in the world, but I'm an optimist :)