According to a new report from KentuckianaWorks, after adjusting for inflation, overall workforce spending in Kentucky decreased by 6.8% between 2013 and 2017 from $1.1 billion dollars to $1.04 billion dollars, a decline of $77 million dollars. Much of this drop is a result of federal disinvestment in workforce spending.
Trade, globalization, and shifts in industrial organization have changed the type of goods produced in the U.S. and indirectly led to automation as advanced manufacturing becomes the standard. The impact of automation on manufacturing provides an interesting case study of how technology is likely to impact jobs in the future.
Youth disconnection is both serious and costly for young people and society itself. It is important to understand where the Louisville area stands on the issue of disconnected youth, who is most likely to become disconnected, and highlight some of the targeted strategies that have worked to reduce the rate of disconnected youth in the metro area.
Automation is predicted to continue to significantly change the labor market. The impact of ATMs on bank tellers provides an interesting case study of what may be in store for other professions as technology substitutes for more and more tasks on the job.
Automation, the replacement of human labor with technology, is widely seen as one of the biggest challenges facing the labor market today. To find out if your job is likely to be automated, we’ve put together this flowchart.