AUTOMATION AND ITS EFFECT ON LABOURS
AUTOMATION VS LABOUR BY ADITYA PANDEY Nearly 69 per cent of jobs in India are under threat from automation, as the country, with its relatively young workforce, is set to add 160 million new workers over the next 20 years, a new report showed on Monday. The main priority for the country, set to reach a working population of 1.1 billion by 2040, will be job creation to accommodate new workers entering the workforce, according to Forrester's 'Future Of Jobs Forecast'. "India's workforce is young, with an average age of 38, and its working population will grow by 160 million over the next 20 years," said Michael O'Grady, principal forecast analyst at Forrester. In addition, India's labour force participation rate, which measures the share of the working-age population currently working, has dropped to just 41 per cent, he added. The working populations in the five largest economies in Asia Pacific -- India, China, South Korea, Australia, and Japan -- are...