Click here to get this article in PDF
Also prior to the recession of 2020, structural problems already shown up in the economy and the labor force, said Dambisa Moyo, world-renowned economist as well as very successful author, who cautioned of the threats of disregarding these dangers.
Moyo pointed to the declining labor force involvement rate that has actually been a long-term trend, the failure of federal governments to provide adequate development over the last decade, and also shifts in demographics and also innovation, all of which would jeopardize large sections of the workforce.
Importantly, concerning 40% of jobs in the U.S. would be changed by 2030 as a result of the rise of automation, Moyo noted.
__________________________________________________________________
Kitco Information is the globe's # 1 source of steels market information. Our video clips include meetings with noticeable industry numbers to bring you market-affecting insights, with the objective helpful people make informed financial investment decisions.
Sign up for our channel to stay up to day on the most recent understandings moving the steels markets.
For more breaking information, browse through
Follow us on social media:
Facebook –
Twitter –
Google+:.
StockTwits -.
Online gold cost as well as graphes:.
Live silver price and also graphes:.
Do not fail to remember to register for Kitco News' Weekly Summary– appears every Friday to summarize the most popular stories & videos of the week:.
Join the conversation @ The Kitco Forums and also be part of the premier on-line community for rare-earth elements financiers:.
Disclaimer: Videos are not trading guidance and also the views shared may not show those of Kitco Metals Inc
.
Dambisa Moyo: are some jobs lost forever? Biggest threats to the workforce, economy (Pt. 1/2)
Even before the economic crisis of 2020, structural problems already manifested in the economy and the workforce, said Dambisa Moyo, world-renowned economist and best-selling author, who warned of the dangers of neglecting these threats.
Moyo pointed to the declining labor force participation rate that has been a long-term trend, the failure of governments to deliver adequate growth over the last decade, and shifts in demographics and technology, all of which would endanger large portions of the workforce.
Importantly, about 40% of jobs in the U.S. would be replaced by 2030 due to the rise of automation, Moyo noted.
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
For more breaking news, visit http://www.kitco.com/
Follow us on social media:
Facebook - https://www.facebook.com/KitcoNews/?ref=br_rs
Twitter - https://twitter.com/kitconewsnow
Google+: https://plus.google.com/u/0/116266490328854474588
StockTwits - https://stocktwits.com/kitconews
Live gold price and charts: http://www.kitco.com/gold-price-today-usa/
Live silver price and charts: http://www.kitco.com/silver-price-today-usa/
Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html
Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/
Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.
