China’s uptake of industrial robots is set to rise rapidly in the coming years as higher labour costs and the heightened aspirations of workers push manufacturers to embrace automation.
The development may add to fears that workers in poorer countries are most in danger of being displaced by automation, with analysis by Citi and the Oxford Martin School, a research and policy unit of the UK university, published earlier this year suggesting that more than 75 per cent of jobs in China are at a “high risk” of computerisation. Continue reading
Tag Archives: labor costs
Census: Record 51 million immigrants in 8 years, will account for 82% of U.S. growth
Legal and illegal immigrants will hit a record high of 51 million in just eight years and eventually account for an astounding 82 percent of all population growth in America, according to new U.S. Census figures.
A report from the Center for Immigration Studies that analyzed the statistics said that by 2023, one in seven U.S. residents will be an immigrant, rising to one in five by 2060 when the immigrant population totals 78 million.
