Perspective Bento by

Issue: Unemployment

24bault — 2023-11-30 16:49:41 UTC

The issue of unemployment has been an ongoing debate since the Great Depression where lots of people lost jobs and really struggled during the time. Many people have different opinions on what should be done to solve the issue.

Essential Question: How do advancements in technology affect unemployment

24bault — 2023-11-30 16:51:41 UTC

Stakeholders in Unemployment:

2023-12-04 16:40:45 UTC

labour market organisations: employees and employers
unemployment funds
applicants for adult education benefits
Finnish Centre for Pensions
Finnish Workers’ Compensation Center
Finnish Pension Alliance (TELA)
companies and employers
authorities, decision makers and legislators (including the Social Insurance Institution (SII) Kela, the Ministry of Social Affairs and Health, the Ministry of Education and Culture, the Ministry of Finance, the Ministry of Economic Affairs and Employment, FIN-FSA, the Ministry of Education, tax administration)
educational institutions
banks

Nuances in Unemployment

24bault — 2023-12-04 16:45:14 UTC

-Types of Unemployment

-Geographic/ Educational Disparities

-Technology and Automation

-Long Term Unemployment

-Seasonal Unemployment

-Government Intervention

Symbol-Homelessness

2023-12-04 16:45:44 UTC

Symbol-Automation

2023-12-04 16:59:18 UTC

The War on Normal People by Andrew Yang

24bault — 2023-12-06 16:39:35 UTC

This book calls attention to the urgent steps America must take to stabilize our economy due to rapid technological change and automation. Yang talks about the shift toward automation which is about to create a huge rush of unemployment. One recent study predicts 45 million American workers will lose their jobs within the next twelve years. Rapidly advancing technologies like artificial intelligence, robotics and automation software are making millions of Americans livelihoods irrelevant.

What is Unemployment

2023-12-06 16:45:32 UTC

This video explains that Unemployment is where someone actively searches for a job but doesn't currently have one. Unemployment is how many people measure the strength of the economy.

The Impact of AI on Jobs

24bault — 2023-12-07 16:29:38 UTC

This Ted Talk goes into depth over how advances in AI technology impacts unemployment rates. Muchhala explains that millions of people are in danger of losing their job and even career path due to AI automation of things like trucks/driving or factory lines. If this continues it could be detrimental.

United States Unemployment Rate (1950-present)

24bault — 2023-12-07 16:41:29 UTC

This is a graph that shows the % of unemployment in America since 1950. Peaks of unemployment hit around 1985, 2010, 2021.

The Fear of Technology-Driven unemployment and its empirical base

2023-12-07 16:42:24 UTC

New technologies may replace human labor, but can simultaneously create jobs if workers are needed to use these technologies or if new economic activities emerge. At the same time, technology-driven productivity growth may increase disposable income, stimulating a demand-induced employment expansion.

Labor Unions Become More Influential As Technology Impacts Jobs

2023-12-07 16:49:56 UTC

Labor unions are having a comeback moment in the United States, and they are poised to become more influential as emerging technologies such as AI grip the U.S. job market and impact workers as well as create more jobs.

Self-Driving Trucks: Are Truck Drivers Out of a Job?

2023-12-11 16:48:34 UTC

As the tech world grows, many companies continue to invest a lot of time and money in this field. Here are a few of the most notable companies making the biggest strides towards perfecting this technology.