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An empirical study on the jobs impact of the 4th Industrial Revolution : Analysis on the Increase and Decrease of Employees in U.S. Listed Companies

  • Korea and Global Affairs
  • Abbr : KGA
  • 2020, 4(5), pp.203-230
  • DOI : 10.22718/kga.2020.4.5.007
  • Publisher : Korea Institute of Politics and Society
  • Research Area : Interdisciplinary Studies > Interdisciplinary Research
  • Received : August 20, 2020
  • Accepted : October 3, 2020
  • Published : October 27, 2020

Kim Seyoon 1

1중국 길림사범대학교

Candidate

ABSTRACT

This study investigates the effects on jobs of innovative technologies related to the 4th Industrial Revolution. For this aim, first of all, this paper conducted a literature review on the concept and origin of the 4th Industrial Revolution, and the technological revolution's impact on jobs. And then, this paper expands its verification target to three groups. The first is 29 companies included in the Dow Jones Industrial Average(DJIA), which is one of the leading U.S. listed companies. The second is other 5 leading IT companies among these 29 companies, included in NASDAQ100 Index. The third is the leading IT companies FANG(Facebook・Amazon・Netflix・Google). The paper compared and analyzed the rate of increase and decrease in the number of employees over the last four years among these three groups. The analysis showed a difference of +1.01% for 29 Dow Jones industrial average companies, +1.03 for 5 of these 29 companies which is included in NASDAQ100 Index, and +1.29 for 4 NASDAQ100 index's 4 leading companies 'FANG'. Thus, regarding not only the gap between individual wages, but also in employment between companies, this research has a meaning in providing a clue of empirical survey for employment impact by the 4th Industrial Revolution in the future.

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