Jobs in the US at securest levels in 20 years despite automation fears

Jobs in the US at securest levels in 20 years despite automation fears

Contrary to the prevailing narrative that job insecurity is on the rise due to new “industry 4.0” technologies, jobs across the U.S. economy are more secure now than at any point in the past two decades, according to a new report from the Information Technology and Innovation Foundation (ITIF), the think tank for science and technology policy.

U.S. workers now have a 5.8% chance of losing their jobs in any given quarter, down from a 7.3% chance in 1995. Instead of trying to slow down the pace of technological change based on unfounded fears, ITIF argues policymakers should embrace […]

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