Nearly all economic forecasts agree that high unemployment in much of the developed world will most likely persist for years to come. But, given improvements in computers, robotic technologies, and other forms of job automation, even this dire projection underestimate future unemployment rates.
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SUNNYVALE, CALIFORNIA – Nearly all economic forecasts agree that high unemployment in much of the developed world will most likely persist for years to come. But could even this dire projection underestimate future unemployment rates?