THE Department of Trade and Industry (DTI) is eyeing to further boost the country’s manufacturing sector, which it deems the cushion to reduce an estimated 6 million job losses in the agriculture sector, with the Fourth Industrial Revolution (FIR).
Citing a 2018 study from McKinsey Global Institute on the employment impact of Industry 4.0, Trade Undersecretary Rafaelita M. Aldaba said a total of 18.2 million jobs could be lost in the country due to automation.
“And mostly, it’s gonna affect agriculture with 6 million jobs being lost due to automation; retail, 3.4 million jobs; in manufacturing, 2.4 million jobs,” Aldaba said […]
Full Post at businessmirror.com.ph