What is technological unemployment?

Technological unemployment is a term used to describe the deficiency or loss of jobs due to technological changes or innovation. This type of unemployment usually comes from workers who are replaced by machines or facilitate their work and require fewer workers to complete the same task. Although technological unemployment has been a general problem since the industrial revolution, it has become increasingly concerned about the real consequences in the Western world since the age of 80 and recognition of countries such as the United States that experience "growth without work". Structural unemployment is one of the five primary forms of unemployment, as economists sees, and generally covers any type of unemployment in which people looking for employment are not properly qualified or prepared to fulfill the opportunities that may exist. This type of unemployment is generally observed in long -term unemployment situations, and although the number of people looking for a job can match with the numberAvailable jobs, unemployed are not sufficiently qualified to meet the needs and obligations of these jobs.

Technological unemployment is often an aspect of structural unemployment, because workers can find that the work they have just experienced has been replaced by a machine or computer and that the whole industry has been irrevocably changed. This can lead to an unemployed job seeker who has found that every opportunity for employment that existed has disappeared, perhaps, with the whole industry has accepted technological changes that did not exist its position. In these types of situations, political leaders and economic experts often advise those who are looking for a job, instead turn to education, as new skills of knowledge are often required to revive the labor force.

One of the greatest potential problems with technological unemployment is somewhat recent trenD, which is referred to in industrial countries as “growth without work”. Growth without work is to improve businesses and the financial sector of the nation with increased profit and greater financial success, but without creating jobs. This can often lead to a significant financial recovery, but without any noticeable creation of new jobs to reduce the unemployment rate. Technological unemployment can be such a massive shift in paradigm in the workplace that it is completely unable to cope with how the industry has changed, and those who do not find ways to adapt can find themselves in long -term unemployment.