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22% jobs will be lost in 5 years! World Economic Forum reports on Labor Day

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New Delhi: The World Economic Forum has released a report on International Workers’ Day (May 2019). In the next five years, the number of job losses will increase a lot compared to getting a job, the company’s report claims. One of the main reasons for this is the rise of technologies like AI. The report claims that increasing dependence on mechanical technology will reduce the tendency to hire people.

The report was published by the World Economic Forum based on a survey of 803 companies around the world. It has been said that 69 million new jobs will be created worldwide in the next five years. During the same period, 83 million jobs will be canceled. In other words, the number of jobs will decrease by 23 percent. Because

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