Technological Advances Place Old Jobs At Risk

by
,

According to Bruegel, the impact of new technology on old areas of employment is set to become increasingly important in the long run. It has already shaped labor markets in the past and will continue to do so in the future, especially in Europe. Bruegel defines computerisation as a job that is "potentially automatable over some unspecified number of years, perhaps a decade or two" and they have predicted the likelihood of this occurring in the EU.

Technological advances mainly threaten lower-skill industries with tasks in the service sector becoming especially vulnerable to automation. As a result, countries on the EU's periphery are most at risk of computerisation, given Bruegel's argument that computerisation will impact low-skill and low-wage jobs. However, this may actually be offset by the fact that peripheral EU markets have always been slower to adopt new technology as opposed to Europe's more advanced and less at risk core.



Infographic: Technological Advances Place Old Jobs At Risk | Statista
Enlarge
Related Infographics
  • European Union
    Where Are Europe's Unemployed Graduates?

    This chart shows employment rates of recent graduates in the EU.

You may also be interested in...
Infographic Newsletter

Statista offers daily infographics about trending topics covering Media and Society.

Download & Reference

More statistics about...
Show more
You may also be interested in...
FAQ
Who may use the "Chart of the Day"?
The Statista "Chart of the Day", made available under the Creative Commons License CC BY-ND 3.0, may be used and displayed without charge by all commercial and non-commercial websites. Use is, however, only permitted with proper attribution to Statista.

Which topics are covered by the "Chart of the Day"?
The Statista "Chart of the Day" currently focuses on two sectors: "Media and Technology", updated daily and featuring the latest statistics from the media, internet, telecommunications and consumer electronics industries; and "Economy and Society", which current data from the United States and around the world relating to economic and political issues as well as sports and entertainment.

Can Statista create customized charts?
Absolutely! For information on tailor-made and sector-specific Charts of the Day, please contact Jan Ahrens
(jan.ahrens@statista.com).