• Home
  • News
    • Newsfeed
  • Business
  • Food
    • Restaurants
  • Ireland
  • USA
  • UK
  • South Africa

JobnSpire

Career Inspiration

Job creation

June 13, 2014 By jobadmin Leave a Comment

jobs chance One of the most important, oft-ignored, trends in the world economy is the way technology is displacing humanity – capital equipment, both machines and software, is preferred to employing labour. It’s a major reason why high levels of unemployment persist despite economic growth, why there has been no growth for decades in middle-class living standards in advanced economies.

This latest example caught my attention…

Honda recently opened a new manufacturing plant at Yorii in Japan, which is producing a quarter-million cars every year. It employs just 2,200 workers.

In the US, the reported fall in unemployment is almost all due to people exiting the labour force, due to retirement of the baby-boom generation, out-of-workers finding it so difficult to find jobs that they’ve given up looking, and youths staying on at school because no paid employment is on offer.

Without those distortions, “the unemployment rate now would be 13 per cent,” Gary Shilling reports on Bloomberg.

Related Posts

  • Education key to economic freedomEducation key to economic freedom
  • Tshwane to create 10 000 jobs for unemployed youthTshwane to create 10 000 jobs for unemployed youth
  • Youth Moving SA ForwardYouth Moving SA Forward
  • Doors open for youth in constructionDoors open for youth in construction

Filed Under: News, Views

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Sharing

Facebooktwitterredditpinterestlinkedinmail

Partner Sites

  • AllnSpire

Recent Posts

  • Brits Work Remotely in the Canary Islands
  • Pandemic Opens Potential of Working Remotely
  • SAPS processing 530 000 trainee applications
  • Zuks Ramasia, from flight attendant to Acting CEO
  • Youth should consider tourism as a career
  • Adopt a TVET college, create opportunities
  • Industrial parks, jobs boost
  • Revitalisation of industrial parks creating jobs
  • Promoting Cape Town International Jazz Festival 2014
  • Dti welcomes Caterpillar investment

Tags

agenda Amendment Artisan bill boost Calls Create creation curb development economy employment empowerment engineering farmers farmworkers formal fund Govt Growth increase Ireland Job Creation jobs labour Limpopo meet mining More must Programme project public Recruitment sector skills south africa strike unemployed unemployment wage women work workers youth
February 2021
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
« Nov    

Categories

  • Africa
  • Auto
  • Awards
  • Business
  • Education
  • Environment
  • Europe
  • Events
  • Featured
  • Food
  • Health
  • Ireland
  • IrelandNews
  • New Zealand
  • News
  • Newsfeed
  • NZjobnews
  • Private Security
  • Property
  • Restaurants
  • SANews
  • South Africa
  • South Asia
  • Spain
  • Technology
  • Travel
  • UK
  • UKnews
  • USA
  • Views

RSS GlobalBuzz

  • Pfizer experimental COVID-19 vaccine
  • Athletes offered grants
  • Corona Virus information
  • Huobi Hosting the Eurasia Blockchain Summit
  • EVA Air showcases Dreamliner

RSS GlobalBuzz SA

  • South Africa Education to remain a priority in 2021
  • Funding awarded to Social Innovation
  • First consignment of COVID-19 vaccine
  • NEWF hosts Advanced Underwater Filmmaking
  • Totalsports Women’s Race Cape Town in August

RSS Teach-the-Brain

  • South Africa Education to remain a priority in 2021
  • Educational activities during lockdown
  • World Science Day in Africa
  • Teens Say Online Learning Is Worse
  • IT Varsity Launching Mentorship Programme
  • UNIVA Enters UK Student Accommodation Market
  • National Science Foundation awards Dorgan grant
  • DBE makes headway with learner access to libraries
  • Harris named CEO of National Math and Science Initiative
  • Manpower US Offers Career-Focused Degrees

Copyright © 2021 · JobnSpire · Privacy Policy · Powered by DMG-projects · DMG-network partner · Log in