60% Of Jobs Will Be Automated In Next 20 Years, Says St. Louis Fed

60% Of Jobs Will Be Automated In Next 20 Years, Says St. Louis Fed

Please consider 60% of District’s Jobs Could Face Automation in the Next 20 Years . Advances in technology are almost always considered positive because they increase productivity and ease frustration of completing simple, menial tasks. However, technological improvement does not come without cost; some tech advancements can result in the automation of jobs that used to be performed by humans.

Currently, automation is occurring more in service and manufacturing positions. It is one factor that contributes to labor market polarization, or the disappearance of middle-income, routine task type jobs in the U.S. Despite a strong labor market, fear of job […]

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