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Home > Stephanomics > Why The Global Labor Market Is Shrinking
Podcast: Stephanomics
Episode:

Why The Global Labor Market Is Shrinking
Category: Business
Duration: 00:24:08
Publish Date: 2018-11-08 09:00:00
Description:

Look beyond headlines on unemployment and job creation and you'll see a bigger transformation. The global market for labor was boosted for three decades by a handful of historical flukes now going into reverse. Robots everywhere, including China, will be at the forefront of this change, says Andrew Schwedel, a partner at Bain & Co. He tells Bloomberg Opinion's Daniel Moss and Scott Lanman of Bloomberg News why the era of plentiful labor is ending.  

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