Monday, January 26, 2015

Shrinking Careers in India

By the beginning of this century assembling jobs have decreased drastically in India. Technology has driven down manufacturing employment. Computers have made manufacturers more productive by automating many routine tasks. manufacturers now employ fewer workers to produce more goods. This means less expensive manufactured goods, more manufacturing jobs for highly skilled workers, and the elimination of millions of low-skill assembly line positions.

The economy is being reshaped by machines that generate and analyze vast amounts of data; by devices such as smartphones and tablet computers that let people work just about anywhere, even when they're on the move; by smarter, nimbler robots; and by services that let businesses rent computing power when they need it, instead of installing expensive equipment and hiring IT staffs to run it. Employment categories like secretaries, travel agents, are starting to disappear.