FA_Q2
Gold Member
Except those same workers, like the ag workers of yore, find other jobs. This is why the unemployment rate during the height of outsourcing was in the 5% range.
This is actually a point that needs to be driven home. Unemployment is a DIRECT reflection on the economy at large. This is why I find it frustrating at all the idiots that complain about automation taking jobs. Yes, you lose floor jobs when things become automated but for every job that closes another opens up. If there is money in the economy and resources for the money to be spent on to multiply it WILL happen. As jobs are lost people are hired back at other venues because the people (a RESOURCE) are available and the cash is present. It is the economy that truly determines the end result unemployment, not outsourcing OR automation.