CONTEMPORARY EMPLOYMENT OPPORTUNITIES AND THREATS

Abstract

The allocation of unemployed persons among industries is hazardous,and in an economy where labor is mobile, it is also misleading. (George J. Stigler,1947).People generally engage in various jobs for their livelihood and better standard of living. As the job requirements are changing at a great pace, job seekers should have the required capabilities to meet those requirements. Getting employment in industry has become a challenge due rapid change in technology. The emergence of modern technologies as well as the use of artificial intelligence in every area of human engagement have created employment opportunities and threats globally. By 2025 ,The World Economic Forum say that 85 million jobs will get ended by automation and new technologies will create 97 million new jobs. KEY WORDS : modern technologies, artificial intelligence, employment opportunities , threats