Technological disruption threatens to take away up to 15 million jobs in the UK, said a report from non-profit organisation the Sutton Trust. The disappearance of white collar jobs that help people climb the social ladder will result in a societal divide between highly-skilled, higher-income workers and less skilled, low-income workers, it said. Just 29% of people believe today's younger generation will have a better quality of life than their parents, compared with 42% in 2003, the report added. By raising social mobility to average western European levels, the UK could add 2.1% to GDP per year, the trust suggested.
Technological disruption threatens to take away 15 million jobs in the UK, said a report from non-profit organisation the Sutton Trust. The disappearance of white collar jobs that help people climb the social ladder will result in a societal divide between highly-skilled, higher-income workers and less skilled, low-income workers, it said. Just 29% of people believe today's younger generation will have a better quality of life than their parents, compared with 42% in 2003, the report added. By raising social mobility to average western European levels, the UK could add 2.1% to GDP per year, the trust suggested.