Asia’s workers will benefit from new technologies, but government action is also needed: ADB study

MANILA, April 11 (Xinhua) — Technological advances have transformed the two billion workers in Asian labor market, helping create 30 million jobs annually in industry and services over the last 25 years, driving increases in productivity and wages, and reducing poverty, says a new report by the Asian Development Bank (ADB) released on Wednesday.

New research on how technology affects jobs, the subject of the special theme chapter in the Asian Development Outlook (ADO) 2018 report, points out that while some of the region’s jobs will be eliminated through automation, countervailing forces will more than compensate against job losses.

ADO is […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.