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How Technology is Destroying Jobs By David Roman Information present

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How Technology is Destroying Jobs. By David Roman
Information presented: list at least 5 points made by the
author
Solution
The rapid technological change has been destroying jobs
faster than creating them... Let see this problem in
economical view..
Productivity-the amount of economical value created by a
unit of input... Such as an hour of labour..
From 1950 to 2000.... The employment and productivity
are closely tracked to each other... Both increased
parallely.. Increase in jobs corresponding to increase in
productivity... The pattern is clear..as businesses
generateed more value from their workers..the as whole
became richer.. Which fueled more economic activity and
created even more jobs..
But since 2000,
Productivity continues to rise robustly, but employment
suddenly wilts. Technology is behind both the healthy
growth in productivity and the week growth in jobs..
Productivity is at record levels, innovation is never been

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How Technology is Destroying Jobs. By David Roman Information presented: list at least 5 points made by the author Solution The rapid technological change has been destroying jobs faster than creating them... Let see this problem in economical view.. Productivity-the amount of economical value created by a unit of input... Such as an hour of labour.. From 1950 to 2000.... The employment and productivity are closely tracked to each other... Both increased parallely.. Increase in jobs corresponding to increase in productivity... The pattern is clear..as businesses generateed more value from th ...
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