Why The Global Labor Market Is Shrinking

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Recorded08 Nov 2018

Publisheromnycontent.com ↗

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Look beyond headlines on unemployment and job creation and you'll see a bigger transformation. The global market for labor was boosted for three decades by a handful of historical flukes now going into reverse. Robots everywhere, including China, will be at the forefront of this change, says Andrew Schwedel, a partner at Bain & Co. He tells Bloomberg Opinion's Daniel Moss and Scott Lanman of Bloomberg News why the era of plentiful labor is ending. See omnystudio.com/listener for privacy information.

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