Automation Isn’t Killing Jobs, Study Says, But May Be Keeping Income in Check

Date: 10-03-2018
Source: The Wall Street Journal

New research finds workers are getting a smaller slice of an expanding economy Robotic arms weld car frames in a Japanese auto factory in December.
Employment in transportation equipment manufacturing was nearly unchanged between 1970 and 2007, but the sector became far more productive. A new study rebuts the notion that automation is eliminating jobs broadly in the economy, but does find technological advancement doesn’t reward workers much with added income. Over the previous five decades, automation hasn’t reduced the number of jobs available in 18 advanced economies, including the U.S.–in fact, […]

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