The Impact of E-Commerce on the US Labour Market - Dissertation Example

Moreover, the leading role of the US in E-Commerce might raise fears to otherin other countries for losing out their talent labours and their own competitiveness due to the global character of the revolution. Furthermore, the impact of E-Commerce on different industries or occupations is likely to be different; downward pressure in retail salespersons is perhaps more than offset by upward pressure in IT engineers, online customer service representatives and postal service carriers that E-Commerce generates.

As wages, education and employment are highly correlated, E-Commerce does not only affect the labour market but also the national income level and qualifications that necessitate are needed to entering the industries. All of these factors indicate the high significance of E-Commerce to the economy and, therefore, , utilizing the full capacity of novelty could have overwhelming impacts to the aggregate economic performance; it is essential to perform a complete and precise analysis on this issue.

This paper aims to look at the employment effect that E-Commerce has generated in the US, and particularly we will focus on analysing how the potential "'economy stream engine"' alters the employment structure in different industries. An industry-based approach is needed due to the fact that the diffusion of E-Commerce is of dissimilar magnitude in each industry; it is undoubtedly that the "Information" sector has been affected the most whilst the effect on "Construction" sector has been of "'second"' order.

In the following section I shall summarize previous discussions and empirical literatures which are relevant to the theme. I shall then present the method that I employ in this research and refer to the pertinent economic theories. It's clear from the research that the current US administration under the President George W. Bush is no exception, and has: 1) signed the Internet Tax Moratorium and the Internet Non-Discrimination Act to make Internet access affordable for encouraging the evolution of E-Commerce; 2) kept the Internet a Duty-Free Zone to facilitate the growth of E-Commerce; 3) negotiated the “‘Cybercrime Convention”’ with another 28 countries to fight Internet criminals; 4) expanded and strengthened crucial E-Infrastructure Protection to protect E-businesses from cyber threats; 5) approved the New Federal Standard, now called the Advanced Encryption Standard.

In conclusion, due to data and time limitations, this paper analyzed just only 3 industries and is subjected to errors. As the employment impacts of E-Commerce are very complex and contradictory interactions, further researches on this topic can be done by extending the industry-based approach to all 12 industries in the US. Combining results from 12 industries will give an overview of how E-Commerce alters the labor market as a whole. Moreover, developing another assessing method will also be useful to analyze the thesis from another point of views.

Finally, as consumer behaviors and policies differ between countries, it would also be interesting to see the analysis being done in other big E-Economy, such as Australia and or the United Kingdom, or to conjoin 2 or more countries in one analysis for measuring the international labor flows and migrations begotten by E-Commerce.