Uk Unemployment Problem

Topics: Developing country, United Nations, Globalization Pages: 10 (3319 words) Published: November 2, 2012
UK Unemployment Problem

What are the root causes of unemployment in uk?
How can we fix the unemployment problem?
How can be jobs created?
Who can create jobs?
How can be the economy grown?
What are the main causes of unemployment?
The effects of Globalisation.
Has the internet killed the jobs of many people?
How can Uk increase the competitiveness in the world arena?
Reforms and recommendations.

How have developments in technology affected employment?

Think back 25 years to before the microchip was as prevalent as it is today. Technology has shifted employment in major ways. It has made it easier to do some labour intensive jobs with fewer hours. It has created huge employment in tech industries all over the world. It has allowed the internet to facilitate employment without as many physical boundaries. It has allowed time shifting of activities.

Each new generation brings the reemergence of many of the fears of the past, requiring the repetition of old explanations to put them to rest. Today there is a renewed concern that technological advancement may displace much of the manufacturing (and other) work force, creating widespread unemployment, social disruption, and human hardship. For example, in 1983 the Upjohn Institute for Employment Research forecast the existence of 50,000 to 100,000 industrial robots in the United States by 1990, resulting in a net loss of some 100,000 jobs.[1] Barry Bluestone, perhaps foremost among today's gloomy economists, is also worried about the future. He argues that "capital hypermobility" requires that America "reestablish the social safety net and extend the range of the regulatory system to make that net even more secure."[2] Harvard's Robert Reich completes the theme that government must act by arguing that America's industrial policy "is the by-product of individual corporate strategies whose goals may have little to do with enhancing the standard of living of Americans." He further states that our current industrial policy creates jobs that are "lower-skilled and routine, eventually to be replaced by robots and computers."[3] What are we to make of all these claims and predictions and the rhetoric that surrounds them? Conservative economic thinkers tend to disparage persons who fear the rapid advance of technology by labeling them "Luddites."[4] This term is both unfair and inaccurate. The real Luddites, of the early 1800s, were uneducated working people who destroyed textile machinery and other symbols of advancing technology, which, despite their efforts, were to move the broad spectrum of humanity above the subsistence level for the first time. Today's proponents of economic activism are typically not of the working class and are usually quite well educated. Nobel laureate Wassily Leontief, who gave the keynote speech for the National Academy of Engineering at its 1983 symposium "The Long-Term Impact of Technology on Employment and Unemployment," cannot fairly be called a Luddite, yet he expressed concern about what he saw as technological advancement's undesirable distributional effects across income groups.[5] (R. H. Mabry is professor of finance at Clemson University. A. D. Sharplin is professor of management at Northeast Louisiana University.) In part, opposition to technology springs simply from a more or less visceral fear of scientism, which is often taken to imply the dehumanization of humankind.[6] Mainly, though, the warnings heard today are thoughtful and well intentioned, even if often in error or somewhat self-serving. Flatly in error are those that predict no more jobs for a very large sector of the population as a result of advancing technology, creating a massive problem of involuntary unemployment. It is not at all clear that a large number of jobs are about to be destroyed; even if they were, such...
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