During the same period that robots and other new technologies have been affecting the labor market, there

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During the same period that robots and other new technologies have been affecting the labor market, there has been an increase in imports to the United States of manufactured goods-including shoes, clothing, and automobiles-from countries in which workers receive lower wages. In addition, some U.S. firms have engaged in "off-shoring," in which they move some operations-such as telephone help-lines-to other countries where wages are lower. Are the workers most likely to lose their jobs to robots also likely to be affected by these developments? Briefly explain. How might it be possible to distinguish between the effects on the labor market from these different developments?
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Microeconomics

ISBN: 9780135952955

8th Edition

Authors: Glenn Hubbard, Anthony Patrick O Brien

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