NEW YORK —
In the 17 European countries that use the euro as their currency, the numbers are even worse. Almost 4.3 million low-paying jobs have been gained since mid-2009, but the loss of mid-paying jobs has never stopped. A total of 7.6 million disappeared from January 2008 through last June.
Experts warn that this “hollowing out” of the middle-class work force is far from over. They predict the loss of millions more jobs as technology becomes even more sophisticated. Maarten Goos, an economist at the University of Leuven in Belgium, said Europe could double its middle-class job losses.
Some occupations are beneficiaries of the march of technology, such as software engineers and app designers for smartphones and tablet computers. Overall, though, technology is eliminating far more jobs than it is creating.