How does technological advancements affect unemployment?

Azar Huseynli

doi:10.63684/dk.2025.05.03

Azar Huseynli PhD student and Lead Researcher at Economic Scientific Research Institute under the Ministry of Economy of the Azerbaijan Republic

DOI: https://doi.org/10.63684/dk.2025.05.03

Keywords: Technological change, long-term and short-term effects, skilled employees, employment trends, interdependence

Abstract

The interdependence between unemployment level and technological advancements is a long-disputed issue. Logically technological advancements increase unemployment and lead to the social problems in many occasions. The paper examines the issue and tries to come up with the mechanisms of the relationship. This relationship was and will be a driving force for many changes in the society and economy. There are long-term and short-term affects of technological advancements to the unemployment.