U.S. companies facing worker shortage race to automate
Share:
NEW YORK (Reuters) - U.S. companies are responding to the lowest unemployment rate in almost 50 years by increasing their focus on automation in order to maintain healthy margins as labour costs tick higher, a Reuters analysis of corporate earnings transcripts shows.The attempt to save money through technology does not come down to just installing more robots in factories. Instead, companies appear to be confronting the lack of low-cost workers by investing in software and machines that can..