TECHNOLOGICAL INNOVATIONS CAUSES UNEMPLOYMENT
Technological changes often reduce number of workers needed to produce a given amount of output. Consequently, some observers fear that new technology will throw people out of work and lead to higher unemployment. ... Some Manufacturing outlets in order to cop with the technological advance firms; they tend to invest in technological products. They try to replace of the old machines with new ones which is quite expensive sometimes, which also causes to reduce some amount of the labours: causing unemployment.