In an involuntary termination, an employer fires the employee or removes the employee from his or her job. An involuntary termination is usually the result of an employer's dissatisfaction with an employee or an economic downturn.
While a higher minimum wage induces some automation, as well as increased worker productivity and higher prices, it simultaneously increases worker purchasing power. In the end, the costs of the minimum wage will be borne by turnover reductions, productivity increases and modest price increases.
The paper first demonstrates the Inadequacy ofcurrent economic analysis techniques to assess the benefits of automation technology,then proposes a new methodology which can be Integrated to an expert system toassess the economic Impact of various types of automation technology.