In an economy experiencing rapid technological advancement, the government decides to invest heavily in upskilling programs, aiming
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Question:
In an economy experiencing rapid technological advancement, the government decides to invest heavily in upskilling programs, aiming to equip the workforce with skills relevant to the emerging techdriven job market. Assuming other economic factors remain stable, what is the most likely shortterm impact of this investment on employment in traditional industries and overall productivity?
A A decrease in employment in traditional industries due to labor migration to technology sectors and an increase in overall productivity.
B An increase in employment in traditional industries as upskilled workers enhance productivity and efficiency in these sectors
C No significant change in employment in traditional industries, but a gradual increase in overall productivity as the workforce becomes more skilled.
D A temporary increase in unemployment due to a skills mismatch, followed by longterm gains in productivity and employment.
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