Discussion: What is the Impact of Technological Change on the Labor Market?
Many people argue that technological changes occurring in information and knowledge transmission and development increases the demand for skilled workers and reduces that for unskilled workers, displacing less skilled workers from high-paying factory jobs into the lower-paying service sector or sending them out of the workforce entirely.
Discussion Topic: What is the Impact of Technological Change on the Labor Market?
Do factory automation and information technology kill jobs and create unemployment?
How will the widespread advances in the development and adoption of automation technologies change employment and the real wage rate in the United States?
Share your thoughts.
Watch the Video:
Technology and Labor Market
https://www.youtube.com/watch?v=dNhBfvOQ_RY&feature=emb_logo
Sample Solution
