Below you will find pages that utilize the taxonomy term “Wages”
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The Impact of Robotics on Employment and Wages in Manufacturing
The integration of robotics in manufacturing is proving to be a game-changer, not just for productivity but also for employment and wages. Contrary to fears that robots will replace human jobs, recent research from the Korea Labor Institute indicates that the introduction of humanoid robots in the manufacturing sector has led to an increase in employment rates and higher wages for skilled workers. Specifically, from 2005 to 2020, the number of robots per 1,000 workers increased by 6.
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