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   soc.culture.quebec      More than just pale imitations of France      108,436 messages   

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   Message 107,901 of 108,436   
   World90 to All   
   More philosophy about the USA economy..   
   24 Jul 21 17:35:55   
   
   From: m@m.com   
      
   Hello...   
      
      
   More philosophy about the USA economy..   
      
   I think that the big losers in the economy of the coronavirus pandemic   
   crisis are the low-wage and low skilled workers.   
      
   Read the following to notice it:   
      
   "The same is true of the rise of automation during the pandemic. As   
   companies looked for ways to reduce the number of people in an office,   
   hotel or factory, they turned to robots and telework. They invested   
   heavily in technology, which economists predict could result in one of   
   the biggest boosts to worker productivity in years. This higher   
   productivity forecast is one of the reasons the McKinsey Global   
   Institute says the United States could see an economy that’s $3,500 per   
   person bigger by 2024. But those gains are unlikely to be evenly   
   distributed. Automation also has downsides, especially layoffs for   
   workers without college degrees.   
      
   “This is not a sure thing that we reap the benefits of faster growth   
   without negative side effects. There are real worries about inequality,”   
   said Susan Lund, head of the McKinsey Global Institute. “Are we able to   
   create real opportunities for people who have been in low-wage, low   
   skilled jobs?”"   
      
   Read more here:   
      
   https://www.washingtonpost.com/business/2021/06/20/us-economy-changes/   
      
      
   Thank you,   
   Amine Moulay Ramdane.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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