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Economics

In the News

Automation and the UK Labour Market

Graham Watson

17th October 2017

This article looks at the macroeconomic effects of automation in the labour market, with the Future Advocacy arguing that 20% of UK jobs will be under threat, and that figure rising to 40% in some places. 

Of course, there's a net effect, because labour and capital are complementary as well as substitutes.

Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.

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