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Computer vs Unemployment

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Professional license, Wal-Mart. Bill Clinton: lowest unemployment ... Providing consumers with a quality of life previously available only to wealthy people. ... – PowerPoint PPT presentation

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Title: Computer vs Unemployment


1
Computer vs Unemployment
  • There is little evidence to support that
    technological development is responsible for
    unemployment.
  • By
  • Du Nguyen

2
Unemployment Factors
  • Competitive pressure eliminates many jobs.
  • For example reduces hour and do more than one
    job.
  • Decline of military spending costs 3 to 4 million
    jobs.
  • Job decline is related to trade (Ford).

3
Continued..
  • Ford automated assembly line put thousand of
    small custom-built manufactures and horse-drawn
    carriages out of business.
  • Low-skilled manual jobs are eliminated.
  • Professional license, Wal-Mart.
  • Bill Clinton lowest unemployment rate.

4
(No Transcript)
5
Employment Factors
  • Ford automated assembly line created ten thousand
    new jobs.
  • Retails, hotels, restaurants, tourism,
    recreation.
  • Created more jobs with higher-wage.
  • Higher-paid workers enhanced their purchase
    power.

6
Continued.
  • Productivity reduces production costs and
    increases demand.
  • Replace unskilled jobs.
  • Providing consumers with a quality of life
    previously available only to wealthy people.

7
References
  • http//icpd.org80/UncommonOpp/CHAP04.htm
  • http//www.motherservice.org/Essays/statsforJobcre
    ationarticle.xls
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