--- title: "Meaning & Key Takeaway of: Over a long period of time, technological…" description: "\"Over a long period of time, technological change is something that has been important in reducing manufacturing employment - absolutely and as a share ..." image: "https://sms4smile.com/quotes/i/4fb/janet-yellen-2828_change_over-a-long-period-of-time-technological_1735916.jpg" --- # Over a long period of time, technological change is… ![“Over a long period of time, technological change is something that has been important in reducing manufacturing employment - absolutely and as a share of jobs in the economy.” quote by Janet Yellen](https://sms4smile.com/quotes/i/4fb/janet-yellen-2828_change_over-a-long-period-of-time-technological_1735916.jpg) [Download](https://sms4smile.com/quotes/i/4fb/janet-yellen-2828_change_over-a-long-period-of-time-technological_1735916.jpg) [Open image](https://sms4smile.com/quotes/i/4fb/janet-yellen-2828_change_over-a-long-period-of-time-technological_1735916.jpg) > “Over a long period of time, technological change is something that has been important in reducing manufacturing employment - absolutely and as a share of jobs in the economy.” [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Technological progress has historically reduced the share of manufacturing jobs, reshaping the labor landscape. **In simple terms:** Technology cuts manufacturing jobs, changing job distribution. Key Takeaway Adapt skills to emerging industries. Themes economics technology labor market employment policy Mood analytical concerned Type informative policy‑oriented When to use this quote - career counseling - education reform - policy planning - business strategy Key Concepts automation skill displacement economic restructuring Questions to Reflect On - How can workers transition from manufacturing to tech fields? - What policies best support displaced workers? A Different Perspective The statement may understate the role of policy and education in mitigating job loss. ★ ★ ★ ★ ★ No ratings yet [Change](https://sms4smile.com/quotes/about/change/) [Change Important](https://sms4smile.com/quotes/about/change-important-304834/) [Economy](https://sms4smile.com/quotes/about/economy/) [Important Reducing](https://sms4smile.com/quotes/about/important-reducing-1473306/) [Long](https://sms4smile.com/quotes/about/long/) [Manufacturing Employment](https://sms4smile.com/quotes/about/manufacturing-employment-1473305/) [Reducing Manufacturing](https://sms4smile.com/quotes/about/reducing-manufacturing-1473304/) [Something](https://sms4smile.com/quotes/about/something/) [Technological change](https://sms4smile.com/quotes/about/technological-change/) [Technology](https://sms4smile.com/quotes/about/technology/) [Time](https://sms4smile.com/quotes/about/time/) ## Related quotes > [There were a lot of manufacturing jobs lost over a long period of time and particularly after - during the Great Recession. We've had…](https://sms4smile.com/quotes/janet-yellen/there-were-a-lot-of-manufacturing-jobs-lost-over-a-long-period-of/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) > [In a world without Chevron, very little would change except perhaps the most important things.](https://sms4smile.com/quotes/neil-gorsuch/in-a-world-without-chevron-very-little-would-change-except-perhaps/) [Neil Gorsuch](https://sms4smile.com/quotes/author/neil-gorsuch/) > [ The secret to longevity in the music business is to change, and to be able to change. \[...\] An actor has to assume other… ](https://sms4smile.com/quotes/nick-cave/the-secret-to-longevity-in-the-music-business-is-to-change-and-to-be/) [Nick Cave](https://sms4smile.com/quotes/author/nick-cave/) > [I think it's important to always stay critical. But rather than dwelling on it and wishing I could change something, it's important to just…](https://sms4smile.com/quotes/taylor-goldsmith/i-think-it-s-important-to-always-stay-critical-but-rather-than/) [Taylor Goldsmith](https://sms4smile.com/quotes/author/taylor-goldsmith/) > [Just because you've had one or two of those games, you can't really go back to the next practice and change everything. That's the…](https://sms4smile.com/quotes/jonas-gustavsson/just-because-you-ve-had-one-or-two-of-those-games-you-can-t-really-go/) [Jonas Gustavsson](https://sms4smile.com/quotes/author/jonas-gustavsson/) > [The older I get, the more things change as to what is important.](https://sms4smile.com/quotes/tony-gonzalez/the-older-i-get-the-more-things-change-as-to-what-is-important/) [Tony Gonzalez](https://sms4smile.com/quotes/author/tony-gonzalez/) > [As you shift and change your own experience, the experience of the whole human race begins to shift and change as well. So this…](https://sms4smile.com/quotes/neale-donald-walsch/as-you-shift-and-change-your-own-experience-the-experience-of-the/) [Neale Donald Walsch](https://sms4smile.com/quotes/author/neale-donald-walsch/) > [Behavioral change is more important than individual product choices. They both have a role to play.](https://sms4smile.com/quotes/john-elkington/behavioral-change-is-more-important-than-individual-product-choices/) [John Elkington](https://sms4smile.com/quotes/author/john-elkington/) > [Before you'll change, something important must be at risk.](https://sms4smile.com/quotes/richard-bach/before-you-ll-change-something-important-must-be-at-risk/) [Richard Bach](https://sms4smile.com/quotes/author/richard-bach/) > [If you are an intelligent human being then you are interested in climate change because it's the most important issue of our time.](https://sms4smile.com/quotes/franny-armstrong/if-you-are-an-intelligent-human-being-then-you-are-interested-in/) [Franny Armstrong](https://sms4smile.com/quotes/author/franny-armstrong/) > [ \[Fighting Climate Change\] is important for every single person on the planet, which is why it has to be the greatest grassroots movement of… ](https://sms4smile.com/quotes/emma-thompson/fighting-climate-change-is-important-for-every-single-person-on-the/) [Emma Thompson](https://sms4smile.com/quotes/author/emma-thompson/) > [By 2007, 85% of Americans cited climate change as an important issue, compared with just 33% in prior years. The phrase we invented, 'An…](https://sms4smile.com/quotes/jeffrey-skoll/by-2007-85-of-americans-cited-climate-change-as-an-important-issue/) [Jeffrey Skoll](https://sms4smile.com/quotes/author/jeffrey-skoll/) > [Being able to allow people to be who they are without trying to change them is important.](https://sms4smile.com/quotes/tina-weymouth/being-able-to-allow-people-to-be-who-they-are-without-trying-to/) [Tina Weymouth](https://sms4smile.com/quotes/author/tina-weymouth/) > [You're more responsible ethically for being there with your interconnection to the world, but the you now is an always changing one, and you're…](https://sms4smile.com/quotes/robert-thurman/you-re-more-responsible-ethically-for-being-there-with-your/) [Robert Thurman](https://sms4smile.com/quotes/author/robert-thurman/) > [“I changed as a result of that bus trip, in a fundamental way. It was the sort of change that’s important not because it…](https://sms4smile.com/quotes/barack-obama/i-changed-as-a-result-of-that-bus-trip-in-a-fundamental-way-it-was/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) ## More by Janet Yellen > [Nationally, the share of mortgages that are underwater fell by about one-half between 2011 and 2014.](https://sms4smile.com/quotes/janet-yellen/nationally-the-share-of-mortgages-that-are-underwater-fell-by-about/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) > [Will capitalist economies operate at full employment in the absence of routine intervention? Certainly not. Are deviations from full employment a social problem? Obviously.](https://sms4smile.com/quotes/janet-yellen/will-capitalist-economies-operate-at-full-employment-in-the-absence/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) > [Individuals out of work for an extended period can become less employable as they lose the specific skills acquired in their previous jobs and…](https://sms4smile.com/quotes/janet-yellen/individuals-out-of-work-for-an-extended-period-can-become-less/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) > [For decades, the pace of technological change in manufacturing has outstripped that in the economy as a whole. And, so, firms - manufacturing firms…](https://sms4smile.com/quotes/janet-yellen/for-decades-the-pace-of-technological-change-in-manufacturing-has/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) > [For my own part, I did not see and did not appreciate what the risks were with securitization, the credit ratings agencies, the shadow…](https://sms4smile.com/quotes/janet-yellen/for-my-own-part-i-did-not-see-and-did-not-appreciate-what-the-risks/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) > [It's important for market participants to have a sense of how we think about the economy and the appropriate path of policy, to look…](https://sms4smile.com/quotes/janet-yellen/it-s-important-for-market-participants-to-have-a-sense-of-how-we/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) > [If there is a job that you feel passionate about, do what you can to pursue that job; if there is a purpose about…](https://sms4smile.com/quotes/janet-yellen/if-there-is-a-job-that-you-feel-passionate-about-do-what-you-can-to/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) > [Although we work through financial markets, our goal is to help Main Street, not Wall Street.](https://sms4smile.com/quotes/janet-yellen/although-we-work-through-financial-markets-our-goal-is-to-help-main/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) > [I felt that the Fed had always been the agency that picked up the pieces when there was a financial crisis, and it was…](https://sms4smile.com/quotes/janet-yellen/i-felt-that-the-fed-had-always-been-the-agency-that-picked-up-the/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) > [Increased business sales would almost certainly raise the productive capacity of the economy by encouraging additional capital spending, especially if accompanied by reduced uncertainty…](https://sms4smile.com/quotes/janet-yellen/increased-business-sales-would-almost-certainly-raise-the-productive/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) > [There were a lot of manufacturing jobs lost over a long period of time and particularly after - during the Great Recession. We've had…](https://sms4smile.com/quotes/janet-yellen/there-were-a-lot-of-manufacturing-jobs-lost-over-a-long-period-of/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) > [Uncertainty about sales impedes business planning and could harm capital formation just as much as uncertainty about inflation can create uncertainty about relative prices…](https://sms4smile.com/quotes/janet-yellen/uncertainty-about-sales-impedes-business-planning-and-could-harm/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) > [Stronger productivity growth would tend to raise the average level of interest rates and, therefore, would provide the Federal Reserve with greater scope to…](https://sms4smile.com/quotes/janet-yellen/stronger-productivity-growth-would-tend-to-raise-the-average-level-of/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) > [The Federal Open Market Committee (FOMC) is committed to policies that promote maximum employment and price stability, consistent with our mandate from Congress.](https://sms4smile.com/quotes/janet-yellen/the-federal-open-market-committee-fomc-is-committed-to-policies-that/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) > [To me, the greatest asset of the Fed is the people. We have a tremendously dedicated staff... They feel proud to work for the…](https://sms4smile.com/quotes/janet-yellen/to-me-the-greatest-asset-of-the-fed-is-the-people-we-have-a/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) [Explore all 148 Janet Yellen quotes ](https://sms4smile.com/quotes/author/janet-yellen/) ## More Change quotes > [Only within yourself exists the other reality for which you long. I can give you nothing that has not already its being within yourself.…](https://sms4smile.com/quotes/hermann-hesse/only-within-yourself-exists-the-other-reality-for-which-you-long-i/) [Hermann Hesse](https://sms4smile.com/quotes/author/hermann-hesse/) > [Life is full of change. That's how we learn and grow.](https://sms4smile.com/quotes/anonymous/life-is-full-of-change-that-s-how-we-learn-and-grow/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [I can't believe that I'm sitting in meetings with Steven Spielberg, Tom Hanks, and Annette Bening. I want to take on that responsibility to…](https://sms4smile.com/quotes/roger-ross-williams/i-can-t-believe-that-i-m-sitting-in-meetings-with-steven-spielberg/) [Roger Ross Williams](https://sms4smile.com/quotes/author/roger-ross-williams/) > [“…progress isn't necessarily about change but about things turning out as we want them to”](https://sms4smile.com/quotes/phil-hogan/progress-isn-t-necessarily-about-change-but-about-things-turning-out/) [Phil Hogan](https://sms4smile.com/quotes/author/phil-hogan/) > [Nobody can tell me that no changes are necessary in Washington.](https://sms4smile.com/quotes/william-weld/nobody-can-tell-me-that-no-changes-are-necessary-in-washington/) [William Weld](https://sms4smile.com/quotes/author/william-weld/) > [If my campaign is not in the debate, we will not be talking about how we really fix this problem of endless and expanding…](https://sms4smile.com/quotes/jill-stein/if-my-campaign-is-not-in-the-debate-we-will-not-be-talking-about-how/) [Jill Stein](https://sms4smile.com/quotes/author/jill-stein/) > [When you walk down the street of Kabul your values for life changes, they do change.](https://sms4smile.com/quotes/marco-pierre-white/when-you-walk-down-the-street-of-kabul-your-values-for-life-changes/) [Marco Pierre White](https://sms4smile.com/quotes/author/marco-pierre-white/) > [Your world will change whether or not you choose to change, but you have the power to choose it's direction.](https://sms4smile.com/quotes/napoleon-hill/your-world-will-change-whether-or-not-you-choose-to-change-but-you/) [Napoleon Hill](https://sms4smile.com/quotes/author/napoleon-hill/) > [I hope I continue to evolve.](https://sms4smile.com/quotes/charlotte-flair/i-hope-i-continue-to-evolve/) [Charlotte Flair](https://sms4smile.com/quotes/author/charlotte-flair/) > [“Stay focused on bringing people together and more on positive messaging so that you can be the change you wish to see in the…](https://sms4smile.com/quotes/germany-kent/stay-focused-on-bringing-people-together-and-more-on-positive/) [Germany Kent](https://sms4smile.com/quotes/author/germany-kent/) > [The biggest change for me as a mom was realizing I needed to put someone else before me. Now the hardest part about the…](https://sms4smile.com/quotes/kim-alexis/the-biggest-change-for-me-as-a-mom-was-realizing-i-needed-to-put/) [Kim Alexis](https://sms4smile.com/quotes/author/kim-alexis/) > [“After the funeral, my life changed. I felt as if time were suddenly precious, water going down an open drain, and I could not…](https://sms4smile.com/quotes/mitch-albom/after-the-funeral-my-life-changed-i-felt-as-if-time-were-suddenly/) [Mitch Albom](https://sms4smile.com/quotes/author/mitch-albom/) > [You practice mindfulness, on the one hand, to be calm and peaceful. On the other hand, as you practice mindfulness and live a life…](https://sms4smile.com/quotes/anonymous/you-practice-mindfulness-on-the-one-hand-to-be-calm-and-peaceful-on/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [Irish research will contribute to global progress and have the potential to help all countries realise the potential of their land sectors in addressing…](https://sms4smile.com/quotes/enda-kenny/irish-research-will-contribute-to-global-progress-and-have-the/) [Enda Kenny](https://sms4smile.com/quotes/author/enda-kenny/) > [No man can change himself into anything from sheer reason; he can only change into what he potentially is.](https://sms4smile.com/quotes/carl-jung/no-man-can-change-himself-into-anything-from-sheer-reason-he-can-only/) [Carl Jung](https://sms4smile.com/quotes/author/carl-jung/) [Browse all 33,920 Change quotes ](https://sms4smile.com/quotes/about/change/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Over a long period of time, technological change is something that has been important in reducing manufacturing employment - absolutely and as a share of jobs in the economy.", "creator": { "@type": "Person", "name": "Janet Yellen" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/janet-yellen/over-a-long-period-of-time-technological-change-is-something-that-has/", "about": { "@type": "Thing", "name": "Change" }, "@id": "https://sms4smile.com/quotes/janet-yellen/over-a-long-period-of-time-technological-change-is-something-that-has/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/4fb/janet-yellen-2828_change_over-a-long-period-of-time-technological_1735916.jpg", "contentUrl": "https://sms4smile.com/quotes/i/4fb/janet-yellen-2828_change_over-a-long-period-of-time-technological_1735916.jpg", "url": "https://sms4smile.com/quotes/i/4fb/janet-yellen-2828_change_over-a-long-period-of-time-technological_1735916.jpg", "width": 1080, "height": 1080, "caption": "“Over a long period of time, technological change is something that has been important in reducing…” — Janet Yellen", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Janet Yellen", "item": "https://sms4smile.com/quotes/author/janet-yellen/" }, { "@type": "ListItem", "position": 4, "name": "Over a long period of time,...", "item": "https://sms4smile.com/quotes/janet-yellen/over-a-long-period-of-time-technological-change-is-something-that-has/" } ], "@id": "https://sms4smile.com/quotes/janet-yellen/over-a-long-period-of-time-technological-change-is-something-that-has/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```