Nearly 60% of S. Korean manufacturers expect 4th industrial revolution to hurt jobs
Jun 25, 2018
Nearly six out of 10 South Korean manufacturing companies forecast that the upcoming fourth industrial revolution will weigh heavily on employment, especially in labor-intensive sectors, a survey said Monday.According to the poll of 272 manufacturers conducted by the Bank of Korea, 59 percent said the fourth industrial revolution will lead to a decrease in employment, while 15.4 percent said it would lead to a rise in new jobs.By sector, 71.4 percent of petrochemical and oil refinery firms gave