The Effects of Technology on the Labour Force of Dofasco Inc.

Abstract

<p> The purpose of this research is to determine how the changing levels of technology at Dofasco Inc. have affected its labour force. This will be approached from the perspective of a production function. An overview of Dofasco's history quickly reveals that the level of technology in its factory is definitely growing. This fact is reflected in the large quantities of new equipment purchased in the company's past.</p> <p> The production function is utilized through a graphical interpretation of four ratios: the sales/labour; sales/output; output/labour; and capital/labour. These ratios provide an explanation of when, why, and how the technology level at Dofasco changes and the affect these will have on labour.</p> <p> The company successfully raises the value and quality of its output through value adding processing of the raw steel. This is attained by large capital expenditures on new equipment. The new equipment also has the effect of increasing labour productivity. Translating into a declining need for labour inputs. The exacting specifications needed in steel making are now satisfied through the use of computers and not through an experienced workers judgement.</p>