For some years now, the trend of employment at the United States of America has shifted drastically. As a result of the changes that have taken place at the labor market, some of the smart individuals who have adopted to the changes have been promoted as those adamant to changes have been demoted. A number of cities in the United States of America have been abandoned. The brown fields, on the other hand, are growing even as they try by all means to get cheap labor. Despite all these, United States of America is still being considered strong economically. As a result, due to the technological changes that have hit the labor market individuals are being forced to retrain them and engage in preparation for …show more content…
This means that the heavy machine will replace some of the human labor. For those machines that will require to be controlled by human; they will only be regulated by persons with the necessary knowledge of such a machine. This means that few individuals will be employed since mechanization will replace human labor. Work will be done at a faster speed hence completion of works in a timely manner. This will result in economic growth in a state or county that will embrace technology. In the case of the United States of America, bearing in mind that it is a super power state; technological advancements will be of great significance. It will ensure that work is done on a timely manner and at the same time quality work is presented. In addition, technological advancement will have a positive impact on the income, prices, competition, choice by consumers, and innovation in the various industries, in the United States of America. The resultant positive impact of technology will not be evenly distributed to all industries. Some will be disadvantaged as they will experience stiff competition from other industries. As a result, they may end up being faced out in the large market and those employed will definitely loss their employment opportunities. Individuals who will be more employed will be advantaged as they will be able to secure themselves opportunities in more than one place of employment. In …show more content…
This will enable them to be secure in the labor market. As a result, they will not be faced out by the upcoming technological changes. On the other hand, industries and companies will have to embrace technology so that they will not experience stiff competition from the related companies and industries. Despite all the technological changes that will come forth, it does not mean that the low skilled individuals only will be disadvantaged, even the skilled persons will experience some disadvantages. This will be due to the massive global competition that is essential for the United States of America so as to be able to retain its economic competition in the world. In addition, even the skilled persons will need to adjust themselves so that they can switch sectors of employment so that they can secure themselves positions. Vertical disintegration that will be experienced will lead to tele working leading to the ability to conduct business across continent. Indeed, with the coming up of the new technology, it is necessary for the various companies, industries, and even employees of the various companies to adapt. In addition, it is necessary to train so as to be competent. This will result in hob security thus ability to sustain families. It will also lead to economic growth in the United States of America hence ability to retain economic