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India who will do similar jobs for a fraction of the cost. some economists say structural changes such as advances in technology are having a bigger impact. >> even if you're a small business doing well today you have at your fingertips technologies that make it less meaningful for to you hire an additional worker. you can use paychecks for your payroll, you can use intuit and quicken for accounting and those are the things you would have hired an administrative assistant for five and ten years ago. we're using technology more and more to become more efficient and one of the downsides it elimi...

Have at your fingertips technologies that actually make it less meaningful for you to hire an additional worker. you can use paychecks for your payroll. use intuit and quicken for your payroll and accounting. we are using technology more and more to become more efficient. and one of the down sides of that is that it's eliminating the need for certain types of jobs. among the hardest-hit, factory workers, since the late 1970s, the u.s. has lost more than 7.5 million manufacturing jobs. but not everyone is convinced the most recent round of job losses is permanent. economists argue much of the...