Image

Automation’s impact on manufacturing employment

4 May 2022

Up to 34% of jobs risk being lost to automation by 2040. But technology will also create new workforce opportunities.

Up to a third of job roles in Europe could be made redundant by automation over the next 20 years as companies battle to increase productivity and fill skills gaps created by an ageing population, according to Forrester.

The tech analyst’s latest Future of Jobs Forecast estimates that as many as 12 million jobs could be lost to automation across Europe by 2040, primarily impacting workers in industries such as retail, food services, and leisure and hospitality.

Mid-skill labour jobs that consist of simple, routine tasks are most at risk from automation, the report said. These roles make up 38% of the workforce in Germany, 34% of the workforce in France, and 31% of the workforce in the UK.

In total, 49 million jobs in ‘Europe-5’ (France, Germany, Italy, Spain, and the UK) could potentially be automated, according to Forrester. A combination of pressures is prompting businesses to ramp up their investments in automation, particularly in countries where industry, construction and agriculture are big business.

While small and medium enterprises (SMEs) with up to 50 workers capture two-thirds of European employment, their productivity lags that of larger corporations, according to Forrester. In manufacturing, for example, ‘microenterprises’ are 40% less productive than large companies.

A five-year study of robot adoption at French manufacturing firms found that robots lowered production overheads by reducing labour costs by between 4% and 6%.

Business leaders also see automation technology as a means of filling the gaps created by Europe’s ageing population, which Forrester describes as “a demographic time bomb.” By 2050, Europe will have 30 million fewer people of working age than in 2020, the analyst said.

Productivity lost to the pandemic is seeing organizations look to machine processes to recoup efficiency, while industries that were already using automation to grow their revenues have invested even more heavily in the technology to increase service delivery and mitigate pandemic restrictions.

More >>.

Source: zdnet.com

Read More
Image

FIEA wood residues conference – Call for speakers

Following on from last year’s record turnout, planning for Residues2Revenues 2024 is now well underway. The NZ forest industry is looking to capitalise on the growth and demand in biofuels, bioenergy and a range of renewable bioproducts. This event helps ...
Read more
Image

February NZ log market update

Opinion Piece: Marcus Musson, Director, Forest360 February has kicked off with a hiss and a roar with log exporters pulling out the pencil sharpeners and publishing prices in the mid to high $130’s for A grade (except for Bluff and Lyttleton where you ...
Read more
Image

Whiteheads partners with Springer for sawmill upgrade

A decade-long partnershipIn a move dating back to 2008, Australian company WHITEHEADS Timber Sales initially conceived the idea of modernizing its sawmill. Strategically aligning with SPRINGER and its partners, this ambitious project for the company brings top-notch technology to Australia’s ...
Read more
Image

Blenheim company turning wood chips into graphite

In New Zealand, a Blenheim company is turning wood chips and sawdust into graphite to be used in EV batteries. CarbonScape was founded in 2006 – with a focus on making carbon products using waste biomass like wood chips to ...
Read more
Image

€150 m LVL and I-beam plant underway

Construction, the first sustainable construction factory of its kind in the Baltics and only the third in Europe, has begun operations with plans to produce €150 million of products a year for Scandinavia, North America, Australia, and major European markets. ...
Read more
Image

Steam rises again from Pan Pac

Almost a year since Cyclone Gabrielle flooded Pan Pac’s mill site at Whirinaki, steam has begun rising from one of the stacks. For nearly 50 years, Hawke’s Bay residents have been able to locate Pan Pac’s mill site by the ...
Read more