A working paper from the Center forRetirement Research says evidence suggests that workers intraditional jobs end up shifting to nontraditional ones when theirindustries are hit with automation. (Photo: Shutterstock)
The growth of globalization and automation on the job market is stimulating thespread of “alternative employment arrangements” that often lacksuch former job essentials as benefits and stability in wages andhours.
And in areas more exposed to the increasing competitionpresented by globalization and automation, concerns have arisenthat older workers might be the ones who end up working under thosealternative arrangements, and thus losing out on the formerlytraditional benefits of conventional jobs—which in turn puts theirretirement at risk.
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Marlene Satter
Marlene Y. Satter has worked in and written about the financial industry for decades.
