Anti-Job, Pro-Freedom Quote Of The Week 17
Increased investment in automation technology has coincided with increased productivity, creating a growing economy with fewer jobs for humans. This past February, for example, economists predicted that the US economy would generate 130,000 jobs. It generated just 21,000. Manufacturers dropped 3,000 jobs, making it 43 consecutive job-loss months for the sector. Meanwhile, the economy grew at an annual rate of 8.2% and 4.1% respectively in the third and fourth quarters of last year. Who's doing the manufacturing? Machines.
The Jobless Generation