How does technological advancement typically affect the demand for unskilled labor in a competitive labor market?

Technological advancement often leads to a decrease in the demand for unskilled labor in a competitive labor market. This happens because new technologies can automate tasks that were previously done by people, making machines or software more efficient and cost-effective than hiring workers. For example, if a factory introduces robots to assemble products, they may need fewer workers to do the same job. As a result, unskilled workers may find it harder to get jobs, as employers prefer using technology that can perform tasks faster and with fewer errors. Overall, while technology can create new types of jobs, it often reduces the need for unskilled labor in traditional roles.