As regular readers of my blogs will know, I’m in the more optimistic camp when it comes to the impact automation will have on both the economy, but also the labor market. Indeed, I wrote recently at Forbes about a recent study that examined the role of technology in so called ‘jobless recoveries’. The aim was to explore whether technology was the main reason behind the apparent lack of new jobs created even as economies recover from slumps.
The paper reveals that whilst economic recoveries in previous decades would usually involve average increases in employment of around 5% per year, […]
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