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by techsupporter 4035 days ago
> those workers will eventually be used for something more productive. A net gain.

Not always. One of the more strident criticisms of this economic recovery (since 2008) is that the size of the workforce has shrunk because some workers are unable to reenter it after having been laid off. The increases in efficiency seemingly aren't translating into higher wages or more jobs, just more net returns to the finance folks.