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Number of Workers in Jobs That Can Be Automated Falls
Monday March 25, 2019. 05:10 PM , from Slashdot
Employment has fallen in jobs that can be easily automated and risen in those which are trickier for robots, damping hopes that higher minimum wages could unleash a wave of investment in automation. From a report: Statistics from the Office for National Statistics published on Monday showed that in 2011 about 8.1 per cent of workers were in jobs with a 'high' risk of automation, but by 2017 that had fallen to 7.4 per cent. [Editor's note: the link may be paywalled; alternative source and original study.] The ONS report highlighted that fewer workers remain in areas that can be easily automated, such as dry cleaning and laundry jobs, which fell by 28 per cent between 2011 and 2017, and retail cashier work, which fell by 25.3 per cent over the same period.
Since the financial crisis the UK has enjoyed rapid growth in employment combined with one of the lowest rates of investment spending of any large rich country. Many economists have suggested that hiring cheap labour instead of investment in new techniques is behind the country's weak rate of productivity growth. Policymakers had hoped that increasing the minimum wage would spur companies to replace low-paid jobs with machines, in turn boosting growth in productivity. But the ONS analysis suggests the increase in employment over the past decade has not come from jobs that could easily be done by machines. Instead, since 2011 the UK lost jobs with a high or medium risk of automation, like shelf fillers, but gained them in areas with a low risk, such as physiotherapy. Read more of this story at Slashdot.
rss.slashdot.org/~r/Slashdot/slashdot/~3/1D5d61C-1KY/number-of-workers-in-jobs-that-can-be-automated...
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