Technological progress has led to a decrease in the demand for labour.

Question

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Technological progress can lead to changes in the demand for labor, often creating new jobs and industries even as it renders certain skills obsolete. While some jobs may be eliminated due to automation and technological advancements, new technologies also generate new opportunities and demand for labor in areas such as software development, data analysis, and tech support, among others.

Technological Progress Has Led to a Decrease in the Demand