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605. What Do People Do All Day?

Freakonomics Radio

NOTE

Labor Shifts: From Fields to Frontiers

The evolution of employment reveals a significant transformation in job types over the decades, with around 60% of current jobs in the US emerging after 1940. This shift indicates that while certain physical labor-intensive jobs have diminished, new job categories, particularly in technology and healthcare, have proliferated. The decline from 40% employment in agriculture to under 2% exemplifies how technological advancements have automated traditional roles, significantly altering the job landscape without a reduction in overall job quantity.

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