Sunday, 4 March 2012

Sometimes it's better to be the culprit

After considering the plight of Post Service, I came across the following article. It sites economists from the London School of Economics who feel,  “since the mid-1990s, moderately educated workers — high-school graduates and those with two years of college — have seen their pay and job chances falling compared with both the very educated (those with four or more years of college) and the least educated (high-school dropouts).”- “A lot of research suggests technology is the culprit. A technological revolution first automated away many blue-collar jobs. Now, information and communication technologies (ICT) have also replaced many white-collar tasks.”


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