Many US workers have been displaced, and this has caused unemployment and underemployment. Underemployment is when an individual has a part time job but has been unable to find full time employment. Unfortunately, the underemployment rate remains quite high. It’s estimated that around 14% of the workforce is underemployed.
Here are several changes in the economy that have resulted in US workers being displaced:
Robotics is plays an important role in manufacturing, and this created a significant amount of job loss. Other sectors of the economy have also been affected by advancing technology. Some experts believe that as many as 50-75% of workers could lose their jobs to technology. However, not all economists agree with this theory. Here are some examples of jobs that are currently being replaced by hardware and software:
Cashiers: Cashiers are being replaced by computerized self-checkout devices.
Telemarketers: Currently, companies often use automated software programs for advertising.
Fast Food Jobs: Some fast food jobs have been replaced by computer run robots. It’s likely that more fast food jobs will be lost as a result of increasing technology.
However, technology is somewhat of a double edged sword when it comes to jobs. While developments in hardware and software have created job losses in some sectors of the economy, another impact is the creation of jobs to develop and sell the new technologies.
Are Jobs Going Shifting To China?
Many jobs have already shifted to China, and many more are at risk of shifting to China in the near future. Jobs are going to China because it’s cheaper for companies to hire workers there. In addition, regulations in China are extremely lax in comparison to the US. This allows industries to profit more than if their workers were located in the United States. There also are few incentives for companies to keep jobs in the United States.
Here are some examples of positions that can be outsourced to China:
Assembly Line Jobs: Assembly line jobs and other entry level manufacturing positions appear to be among the most vulnerable to outsourcing to China.
Call centers: Many companies currently have call centers staffed by workers in China, and many others are considering making this switch.
Some Healthcare Positions: A few healthcare positions have shifted overseas to China. This sometimes occurs with medical billing and medical transcription positions.
Is Illegal Immigration Causing Job Loss?
While some jobs have been lost to illegal immigration, the impact of illegal immigration is less significant than increases in technology and outsourcing to China. There are many regions of the country that haven’t seen a large influx of illegal immigrants. Also, illegal immigrants often take positions that American workers generally aren’t seeking.
There are some parts of the economy that have been strongly impacted by illegal immigration. Since illegal immigrants don’t have minimum wage protections, employers often pay them much lower rates than Americans. This causes them to effectively undercut American workers. Due to the fact that illegal immigrants aren’t protected by labor laws, employers are able to skimp on safety protocol when they hire them.
Regions Where Illegal Immigration Has Made It Harder For Americans To Find Work:
Some regions that are close to the Mexican border have experienced large surges of illegal immigrants. This can be seen in many parts of Texas and the southwest. In these regions, illegal immigrants have caused job losses. Illegal immigration also has created job loss in some urban areas. Here are some examples of regions that
What Sectors Of The Economy Are Being Affected The Most?
The agricultural sector is most seriously impacted by illegal immigration. This is particularly true with for field laborer positions. The restaurant business has also been impacted significantly by illegal immigration. Some illegal immigrants have taken jobs in the construction and hotel business. Illegal immigrants also have taken positions in other sectors of the economy. Generally speaking, illegal immigrants take positions as unskilled laborers.
What Can We Expect?
It is unknown how the economy will change as a result of these factors. It is possible that some of the changes will be mitigated in the future. For instance, it has become somewhat less economical for companies to hire workers in China. This shift has already brought some jobs back to US soil.
As time passes, more displaced workers will retrain and find employment in sectors of the economy that are currently thriving. Therefore, improving access to education will be essential for the prevention of job loss in the United States.
Unfortunately, illegal immigration isn’t likely to go away completely. However, strategies are being developed that may begin to reduce the problem.