How technology is rising unemployment

(03 Apr 2014)

The amount of unemployment is rising day by day and that is all because of technology because of technology people are losing their job too.

1.NEWS OF GUJARAT

In Gujarat more than 53% of employees lost their jobs.That is because of technology.The hight skill level workers and low skill level works loss their jobs. In this case the owner of the compeny have started using technology on the place of employee.For good profit he fired his employees.

2.LOSS OF FARMERS

Farm is everything for every farmer .But, who don’t have their own farm. The people who works in others farm they all are losing their jobs. Now a days there is harvesting machine. For saving the money farmers are using harvesting machines. Because, every farmer wants to save their money. If he will appoint workers. Then, he will need more than 8 workers for one farm and he will give have to give 8,000 to per worker. But, if he will take harvesting machine on rent. Then he will have to give less money and because of that, The farmers who was working in others farms they all lost their jobs.

•Causes of unemployment
•Luddite fallacy
•Will automation cause technological unemployment?