The Motley Fool Discussion Boards

Previous Page

Investment Analysis Clubs / Macro Economic Trends and Risks


Subject:  Re: Middle Class[Income] Jobs ain't Coming Back? Date:  1/23/2013  10:37 AM
Author:  tjscott0 Number:  414097 of 536744

This is not news; it has been going on since the invention of the loom or before. Until the world decides to "globalize" technology and distribute its benefits to all like in Star Trek, these people are going to have to find something else to do.

While the trend is not new. The scale of it is. And the frequency of specific industry middle job loss is higher due the rapidly increased technology evolution. Which means a person may have 3 or 4 careers in their lifetime. Which means much more retraining & cost of that training disrupting their earnings. Which means mebbe people will work til they die.

I'm glad I'm an old geezer that doesn't have to deal with this Brave New World.
Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us