A collaboration between economics and personal finance classes at Pewaukee High School. All content and views published on here are solely those of the author of the piece and do not represent the views of Pewaukee High School nor the Pewaukee School District.
I was shocked when I read this because I didn't think that new technologies would be a cause to higher unemployment, and decreasing the retiring age in some areas. The new technology advancements aren't affecting the GDP as it should. I would have thought that more technology would make it a lower unemployment rate because technology could create jobs for some people. Also, I would have thought that having advanced technology would cause the elderly to retire because they aren't very familiar with a ton of technology, but that's not true. Interesting blog though!
I was shocked when I read this because I didn't think that new technologies would be a cause to higher unemployment, and decreasing the retiring age in some areas. The new technology advancements aren't affecting the GDP as it should. I would have thought that more technology would make it a lower unemployment rate because technology could create jobs for some people. Also, I would have thought that having advanced technology would cause the elderly to retire because they aren't very familiar with a ton of technology, but that's not true. Interesting blog though!
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