7.6 C
New York
March 8, 2026
Worship Media
Business

Firms with more robots also have more workers overall, Statistics Canada study says

OTTAWA — Statistics Canada says domestic firms that invested in robots since the late 1990s have also expanded their human workforces, suggesting a less than “apocalyptic” result for workers overall.

The findings released today show that over two decades, firms that invested in automation had workforces 15 per cent larger relative to other companies in the same industry.

Overall increases were from bumps in high-skilled jobs, such as programmers, that require university degrees, and low-skilled workers with high-school diplomas or less.

Those in the middle, such as trades workers, were more likely to not be replaced once a robot arrived.

Firms that invested in robots were also likely to cut the number of managers, the analysis says, giving workers more control over decisions and performance incentives.

The studies released today are based on administrative data from companies that added robots and automation to their activities between 1996 and 2017.

This report by The Canadian Press was first published Nov. 2, 2020.

Click Here to Visit Orignal Source of Article https://www.ctvnews.ca/business/firms-with-more-robots-also-have-more-workers-overall-statistics-canada-study-says-1.5171337

Related posts

Facebook dithered in curbing divisive user content in India

CTV News

Nike is cutting close to 1,700 jobs, about 2 per cent of its employees

CTV News

World markets lack direction as investors await Fed

CTV News

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy