A report from an economic policy organization concludes, “Yes, automation has led to job displacements in particular occupations and industries in the past, but there is no basis for claiming that automation has led-or will lead-to increased joblessness, unemployment, or wage stagnation overall.”
a. What does the report mean by “automation”?
b. If automation has led to job losses in some occupations and industries, how can it not have resulted in a reduction of the total number of jobs available in the economy?