And that has had big impacts on state and local tax revenues, huge employment impacts, and all those impacts have just cascaded through the economy.

这对州和地方税收造成很大的影响，对就业造成很大的影响，所有这些影响已经蔓延到了整个经济的各个方面。

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In China, the impacts of soft-technology advancements on the economy and employment are more important and far-reaching than those of hard-technology advancements in the production processes.

在中国软技术进步比生产过程中的硬技术进步对经济和就业具有更为重要和深远的影响。

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And since employment is spread across this time structure with relatively few working in final retail stage, savings and investment changes have dramatic impacts on employment.

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One of the biggest impacts may come in employment law, where class-action attorneys are pressing lawsuits on behalf of thousands and even millions of employees over wages, hours, discrimination and working conditions.

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