Why Startups Are Helping The Economy More Than You Think | TechCrunch - 0 views
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ecaterina smirnov on 14 Oct 12This article touches on a very important topic about whether technology is helping the economy and job markets more or if it is in fact hurting it. The answer is they do both. The New York Times among others write that tech companies have created relatively few jobs compared to industries such as GM. However TechCrunch argues that technology has created a lot more indirect jobs due to technology. There are in fact new jobs created such as social media marketers online. Most of these jobs are part-time because they are online and connect employers and workers with no hassle. Their conclusion is that there are millions of jobs created with a high demand but an unprepared workforce. The jobs that are needed now are more technology based than ever before and our economy is moving so fast in that direction that some skills that were needed in the past are no longer needed now. Therefore people are losing jobs not because there are not enough jobs produced but because our job market is drastically changing. Some companies are allowing people to step into job positions with just a bit of online training or courses. Startups like General assembly are creating programs that are accessible to everyone and helps address the needs of the labor market. The final verdict is we need better training tools to quickly acquire high demanded skills and help workers adapt to the change that technology brings to the labour market. This article relates to economics and eLifestyle mostly because it has to do with how our economy is growing from the jobs created by technology but also how our workers have to respond to this change. This article deals with the changes that the labour market is going through now and how the increase in technology is now changing our lives. Some of our old jobs are being replaced by new jobs that not enough people are qualified for, so certain careers are feeling a job decline making it seem like technology is replacing workers. But in fact these new tools a