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Lamplighter Monument in Budapest, Hungary, an occupation that was replaced by job obsolescence. 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] Problems with debt may lead to homelessness and a ...
The skills and habits you’ve spent years honing can become outdated due to massive technological shifts, not to mention changes in the global market.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 ...
When you've been with a company for 20 years, you can start to feel like part of the family, or at least like an important and valued member of the team.
While you still have time to get your taxes in order, consider the following five mistakes that you should avoid, as explained by Tom Wheelwright, a certified public accountant (CPA) and CEO of ...
This is a category of jobs that have become obsolete. Subcategories. This category has the following 27 subcategories, out of 27 total. ...
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