Development economists have considered physical infrastructure to be a precondition for industrialization and economic development. Infrastructure investments play a particularly important role in expanding overall employment opportunities either directly by absorbing workers or indirectly by crowding in private investments, technology adoption,…

Semiskilled and "unskilled" workers in semiconductors, computer manufacturing, and consumer electronics industries are more likely than other workers to lose jobs because of technology, imports, and offshore production. However, advances in technology do tend to create jobs for skilled workers. (CT)