The Robots Are Coming for Jobs That Pay $20 an Hour or Less, White House Finds
Monday, February 22, 2016 16:20
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by Steve Goldstein
Market Watch
It’s intuitive that automation will take low-wage jobs.
But the White House, in its annual economic report of the president, has broken down just how much that is so.
There’s an 83% chance that automation will take a job with an hourly wage below $20, a 31% chance automation will take a job with an hourly wage between $20 and $40, and just a 4% chance automation will take a job with an hourly wage above $40.
The White House used the same data that underlines other research in the field of labor and robots to arrive at the conclusion.
The key question is what happens when a robot takes one of these low-wage jobs.
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Source: http://financialsurvivalnetwork.com/2016/02/the-robots-are-coming-for-jobs-that-pay-20-an-hour-or-less-white-house-finds/?utm_source=rss&utm_medium=rss&utm_campaign=the-robots-are-coming-for-jobs-that-pay-20-an-hour-or-less-white-house-finds
