Research Methods: Tech Advancement's Impact on Employment

This preliminary research proposal explores the multifaceted impact of technological advancements on employment and unemployment. It begins by introducing the topic, highlighting the increasing use of technology in business operations and its potential effects on job markets. The research aims to understand how technology influences employment levels, assess key factors contributing to unemployment, and propose mitigation strategies. The objectives include studying the processes and frameworks of technology in relation to employment, focusing on the impact on skilled versus unskilled labor, and examining factors that can lessen the negative impacts. The methodology section identifies key variables such as the increase in skilled laborers, the need for workforce training, the impact on buying power, income inequality, profitability, and productivity. The report analyzes how technology is creating new jobs for skilled workers while potentially displacing unskilled workers, and explores strategies to reskill existing employees. It also discusses the impact on economic inequality and the importance of strategic planning to navigate these changes.