English

Noun

technological unemployment ‎(uncountable)

1. Unemployment caused by technological advances. This includes machines and software substituting for human labor, advances in efficiency negating the need for friction-based jobs, and increased data availability undermining professions that rely on information asymmetry.

Translations

See also

• classical unemployment
• cyclical unemployment
• frictional unemployment
• Marxian unemployment
• seasonal unemployment
• structural unemployment