Automation & Robot Becoming Harmful for US Workers Wages

Wages of U.S. workers are being robustly beaten by the rapid adoption of automation in various industries. It is capturing a substantial part of the wages that workers have been striving to retain as their average income, according to new research released by economy experts.

The U.S. labor share has dramatically dropped by 53% in 2000, in spite of the lowering unemployment rate in the region. Technological advancements and rising use of robots have been the core reason for sinking wages for workers, as mentioned in the report released on Monday.

Industries have become very prompt in automating jobs, specifically hard to fill positions, which were comparatively tougher for the industry than the present. Rapidly evolving technology and robotics fields are providing such robots that can multi-task with superior skills than humans.

Consequently, workers have become unwilling to demand pay increments under pressure of being eliminated from their existing jobs as their employees are rapidly adopting robotics and automation as a superior option for humans. The condition clearly states the main causes of weakened wage growth regardless of the hardened position of the labor market.

The report also recommended that the ascent of automation could affect women-dominated sectors such as retail, with immense quantities of occupations going and not being supplanted, as distribution centers become progressively mechanized and self-administration checkouts supplant kept an eye on ones.

The researchers also found that the Asia-Pacific region is especially hit with the considerable wage gap between low-talented and high-skilled laborers higher than different zones. In North America, there is the greatest gap between much-demanded skills and those ready to fill jobs prompting more elevated levels of underemployment.

Global Baby Sleeping Bag Market Data Survey Report 2013-2025

Global Baby Sleeping Bags Market size accounted for USD 696.0 million in 2018, which is anticipated to reach USD 934.8 million by 2025 with a 4.34% growth rate.

Baby sleeping bags are more like a clothing item or covering worn by babies at their sleeping time. Baby sleeping bags were mainly invented to stop their quick writhing movements that often lead to accidentally covering their heads. It also prevents babies from removing the covers during their sleep. Baby sleeping bags were designed to be used in-door rather than outdoors. The bag’s designs usually feature armholes or sleeves. Bags also help to maintain the same temperature as the baby’s sleep can be disturbed by sudden temperature changes.

The global baby sleeping bag market is divided into various significant segments including product types, applications, and regions. In terms of product types, the cotton and flannel segment has been leading the market with a 3.86% growth rate from 2013 to 2018, which is anticipated to dominate the market by 2025 with USD 556.8 million market size. Cotton and flannel baby sleeping bag’s skin-friendly and comfortable material helps babies to have sound sleep at any time.

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Whereas, the 0-6 months application segments of the global baby sleeping bag market is leading the market with 48.10% share of the market in 2018. The segment is expected to surpass USD 460.1 million market size by 2025 with a 4.68% growth rate. As babies between 0 and 6 months tend to exhibit relatively frequent wriggle during sleep, parents prefer to cover them with sleeping bags to prevent their sleep from any disturbance. Awareness is boosting demand for 0-6 months baby sleeping bag segment.

Currently, North America is leading the market in terms of production, demand, and export activities, however, Asia Pacific is anticipated to lead the market by 2025. A rapid increase in the regional population, product innovations and research, technological advancements, and growing product awareness are boosting growth in the Asia Pacific.

Obtain Complete Global Baby Sleeping Bags Market Research 2019

As baby sleeping bags are primarily being used for babies safely and for sound sleep, global manufacturers and companies have been focusing on research and innovation to introduce better products in the market. The report includes a number of leading companies such as Babydan, Grobag, Purflo, Silver Cross, Aden & Anais, Carter’s, Halo, Summer Infant, and Puckababy.

Highlights of the Global Baby Sleeping Bags Market Report:

  • Deep comprehension of market structure and various segments and sub-segments.
  • Analysis of baby sleeping bag manufacturers including their financial assessment.
  • Evaluation and forecast of the latest market trends, prospective growth, and influential factors.
  • Study of technology and business strategies adopted by leading market players.
  • Profound market insights drive to determine forthcoming opportunities, challenges, threats, and risks in the market.