Job losses in the next 10 years will effectively be matched by even greater job creation.  

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New technologies will lead to tens of millions of job vacancies by 2030, according to the latest economic analysis from Boston Consulting Group (BCG). But that does little to erase the threat of unemployment spiking due to the automation of labour, BCG says. 

BCG’s economists carried out detailed modelling of the prospective changes in the supply and demand of labour in Germany, Australia and the US, and found that job losses in the next 10 years will effectively be matched by even greater job creation. The problem is that those who find themselves out of a job won’t necessarily be those that employers are looking to hire. 

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