INSIGHTS

For most of modern business history, there has been a relatively consistent relationship between growth and employment. When organizations expanded, they hired more people. When productivity improved, it created space for more jobs, different roles, and, over time, rising living standards. It wasn’t perfect, but it was predictable. Growth and employment were connected. What we’re starting to see now suggests that relationship may be changing.

Technology is constantly evolving, and newer systems often offer better features, capabilities, and performance.