Feeling The Effects Of Robotics On Jobs Growth

Summary

Was last month’s poor BLS employment situation the beginning of the impacts of robotics?

The high rate of jobs growth seen since the Great Recession was likely only a result of recovery, and not much real new growth.Employment growth has been higher than population growth, and this cannot continue.In August of 2012, I penned a post on labor costs stating " labor costs are no longer a primary factor in determining where business should locate. "This quote was framed within a general discussion of factors used in selecting business / manufacturing criteria for determining where to locate. In hindsight, […]

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