technological unemployment

English

Noun

technological unemployment (uncountable)

1. Unemployment caused by technological advances. This includes machines and software substituting for human labor, advances in efficiency negating the need for friction-based jobs, and increased data availability undermining professions that rely on information asymmetry.

Translations

unemployment caused by the replacement of workers by machines

• French: chômage technologique m
• Georgian: ტექნოლოგიური უმუშევრობა (ṭeknologiuri umuševroba)
• Romanian: șomaj tehnologic

See also

• classical unemployment
• cyclical unemployment
• frictional unemployment
• Marxian unemployment
• seasonal unemployment
• structural unemployment