Search results
Results from the WOW.Com Content Network
Job obsolescence, [1] occupational obsolescence or skills obsolescence [2] is a situation in which an occupation loses its field of work or its competitiveness is reduced compared to another more efficient one that fulfills the same function.
An occupation may become obsolete for a single reason, or for a combination of reasons. Reasons for occupations to become obsolete fall into a number of groups: Cultural/fashion change, for example hoop skirt and crinoline manufacturers were significant employers in the 1850s and 1860s but they declined significantly in later years as fashions ...
Structural unemployment may also be encouraged to rise by persistent cyclical unemployment: if an economy suffers from long-lasting low aggregate demand, it means that many of the unemployed become disheartened, while their skills (including job-searching skills) become "rusty" and obsolete. [7]
The skills and habits you’ve spent years honing can become outdated due to massive technological shifts, not to mention changes in the global market. These days, with the rise of AI, it feels ...
“I walked away from my $170,000 job,” the 42-year-old told YouTuber Ari Gutman in a recent interview, explaining that he wanted a few years of freedom to spend time with his two kids and to ...
For premium support please call: 800-290-4726 more ways to reach us
Alemannisch; Аԥсшәа; العربية; Aragonés; Azərbaycanca; Беларуская; Беларуская (тарашкевіца) Boarisch; Català; Чӑвашла
When you go to work for a company, unless you are in a union or sign a special employment contract, you're an at-will worker. This means employers can let you go any time and for any reason.