THE INFLUENCE OF INFORMATION TECHNOLOGY ADVANCEMENT ON EMPLOYMENT AND INFLATION DYNAMICS

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THE INFLUENCE OF INFORMATION TECHNOLOGY ADVANCEMENT ON EMPLOYMENT AND INFLATION DYNAMICS

The field of information technology encompasses the use of tools such, as computers, storage systems and networks for managing data impacting both employment trends and economic inflation. IT has the capacity to automate job functions leading to the phasing out of roles while simultaneously creating new opportunities in technology related sectors.

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