Study: Huge job boost from turning to machines

Study: Huge job boost from turning to machines

Switzerland can expect 270,000 new jobs created through the first quarter of this century due to workplace automation transforming the economy, a leading consulting firm said on Thursday.

The report from Deloitte concludes that the phenomenon of automation is having a “positive impact on the Swiss labour market” by creating many more jobs than are being replaced by machines. The engine behind that, it says, would be lower prices for goods and higher wages.

“Overall, increasing automation brings considerable advantages for the Swiss economy as a whole as well as for companies,” Deloitte said in a statement . “It also […]

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