Nearly half of Canada's workforce could be unemployed in a few years if there is any credence to a report just issued by the Toronto think tank, McKinsey and Co. This doesn't seem quite so far-fetched when one considers that in recent years both the manufacturing and natural resources industries have eliminated hundreds of thousands of jobs.
Off-shoring, automation and the recession caused this, while the commodities slump didn't help either. The report stressed that other industries threatened by automation include accommodation, food services, transportation, warehousing, and agriculture. To put it not too scientifically, ''
Why should a capitalist pay a person money to do a job if he can get a machine to do it?"
Steve and John.
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