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by danesparza
100 days ago
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Correlation is not causation. There is no clear link to the iPhone causing lower teller employment. This article does have a glaring omission: The 2008 financial crisis effects on the banking industry in general. When there are fewer local banks there are naturally fewer tellers employed. Bank failures peaked in 2010 in the aftershocks of the crises, which lines up nicely with the articles timeline. |
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