"Layoffs too often became permanent, not part of the business cycle. And these changes didn't just affect blue collar workers. If you were a bank teller or a phone operator or a travel agent, you saw many in your profession replaced by ATMs and the internet," President Obama said at a campaign event in Kansas.
[Source: Real Clear Politics, December 6, 2011]
I know there were some industries (travel agents) that were virtually destroyed by their failure to adapt and compete with internet sites. But that was 10 years ago.
Have there been a significant number of jobs lost as a result of automation and Internet availability in the last 3-4 years?