Robots have been really efficient when it comes to labor force. A robot, when programmed carefully, can do really meticulous jobs and they do so all day long without taking a coffee break or being injured. This will lead to the aggregate supply curve going up because of the productivity these robots can bring to the factories. The aggregate supply curve means the collective supply curve of an entire nation. It shows the relationship between the nation’s price and the quantity …show more content…
“Beyond the technical challenges lies resistance from unionized workers and communities worried about jobs.” This will make the unemployment rate to go up. The unemployment rate is defined as the percentage of the total number of people in the labor force who are unemployed. A side counters this argument by saying that a new kind of job is created. Mr. Graves, in the article, stated that his job used to be lifting heavy boxes all day long. Now he just has to operate “a small forklift-like machine” to do the job for him. However, that led to the loss of 106 jobs. The loss was inevitable because a man now can operate hundreds of machines in the same factory whereas there used to be hundreds of workers. The job just demands more seniority than before. This is called structural unemployment which is unemployment resulting from more people seeking jobs in a labor market than the jobs available. It is like in agriculture there is a 38% loss of employment due to technology but the government says there are still other jobs available because “some jobs are still beyond the reach of automation”. All being said, the government is interested in job loss and creations because those activities reflect on our economy on a global