This is the third of a seven-part series on changes to labour employment in the future, causes of this upheaval, and some possible measures to mitigate their disruptive effects. Most of what is described is applicable to western developed countries but middle-income countries such as Guyana are in the crosshairs. The difference is timing.
Further, Guyana does not possess the skills-set to prolong the onset of these changes. The country has received some service outsourcing jobs but these are low-skilled positions. It is therefore shared with the public to help focus attention on the decision-making needed to avert the imminent calamity.
In past two columns, I described the nationalist fervour sweeping America and Europe, characterized by the emergence of Donald Trump and Brexit. That is a reaction to the stagnation workers are currently experiencing in those areas in part due to increases in income inequality, a direct result of the collapse of Eastern Europe communism, and the bleak outlook of the future.
