Machines can do more and more human work. They don't just replace human brawn the way older machines did; increasingly, they substitute machine power for human brainpower.
Five years after the start of the Great Recession, the toll is terrifyingly clear: Millions of middle-class jobs have been lost in developed countries the world over.
And the situation is even worse than it appears.
Canada's economy showed surprising bounce last month, churning out an impressive 59,300 jobs and dropping the unemployment rate two-tenths of a point to 7.2 per cent.
Canadians are not alone in feeling undervalued in the workplace, as a new survey shows almost half of the population feels overqualified for their jobs.
Canada’s economy created a surprising 34,300 jobs last month, but analysts suggest the number is hiding a level of uncertainty that is leaking back into the market.
News that the Canadian economy shed 30,400 jobs in July shows that the country is vulnerable to the economic uncertainties in Europe and south of the border, said Defence Minister Peter MacKay.
A new look at Canada's labour market reveals the first six months of 2012 has seen a big improvement in the quality of jobs that have been created -- a surprise that was welcomed Thursday even though the trend likely won't last.
Canada’s job growth slowed for the second straight month in June even as the unemployment rate edged down to 7.2 per cent, Statistics Canada reported Friday.
U.S. employers added only 80,000 jobs in June, a third straight month of weak hiring that shows the economy is struggling three years after the recession ended.
