
Macroeconomics 5: Car Parts, Celery & The Labor Market
Planet Money Summer School
00:00
The Race Between Education and Technology
Technology has replaced jobs for people without formal training and education. But it has made better jobs, higher paying jobs, very productive. There's been a hollowing out of the jobs in the middle that are basically now done by computers and software. When this happens, it creates something known as structural unemployment.
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