One central bank has some frightening predictions when it comes to job stability in the future.
80 million jobs in the United States are at risk of being taken over by robots in the next few decades, a Bank of England (BoE) official warned on Thursday.
With U.S. data showing that total nonfarm employment hit 142.6 million in October, that’s roughly over half of the total jobs at risk.
And the U.S. isn’t the only one who’d be at the mercy of the mechanical hands.
In a speech at the Trades Union Congress in London, the bank’s chief economist, Andy Haldane, said that up to 15 million jobs in the U.K. were at risk of being lost to an age of machines, which is almost half of the employed population currently.
