Worker pay is stagnant — economists blame robots

Worker pay is stagnant — economists blame robots

How automation could impact women’s jobs

CBSN Live How automation could impact women’s jobs

Jun 6, 2019 04:27 buttons/button-playertray-rightbuttons/button-playertray-right American workers’ paychecks haven’t matched gains in productivity, puzzling economists. The culprit could be robots and automation, which are weakening human workers’ bargaining power to ask for higher wages, according to new research. American workers are more productive than ever, but their paychecks haven’t kept pace. Researchers with the Federal Reserve Bank of San Francisco have a culprit: robots.Economists Sylvain Leduc and Zheng Liu theorize that automation is sapping employees’ bargaining power, making it harder for them to demand […]

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