This chart shows one of the major structural changes which has very much affected employment, especially in the manufacturing sector.
This chart is obtained from Bloomberg view article that discusses how the rise of the robots will lead to the failure of large numbers of job additions over the return of the Ford Motor company in the United States thanks to President-elect Donald Trump's intervention.
What more intriguing than that is the chart, which shows that there has been a seismic shift in the use of the robots. humans are now costlier now compared to the robots. At the same time, the disproportions have gone larger in the pay structures. CEOs are seeing their pays and bonuses rise by the millions, while thousands of workers are being laid off.
