Robots are shrinking American paychecks

Robots are shrinking American paychecks

A new study has shown that robots are lowering the wages of American workers.

Two economists from the Federal Reserve of San Francisco have found that in the last two decades, the portion of national income going to workers has declined — meaning that wages are suffering.

The economists found that part of it is due to automation, with increased uses of robotics filling gaps in jobs and reducing bargaining power for workers. View Markets Insider’s homepage for more stories. Robots are eating into American wages.That’s according to a new study by economists at the […]

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