Since the 1980s, the United States has faced numerous economic challenges characterized by fluctuations in industry, changes in labor markets, and the effects of globalization. One prominent issue has been the shift from manufacturing to service-based employment and how this transition has impacted different socio-economic groups. This shift was particularly pronounced in the Rust Belt, an area once dominated by heavy industry, which experienced significant economic decline.
In the context of economic challenges faced by the United States in this era, which of the following statements best describes the trend of globalization on American employment during this period?