The Polarization of the U.S. Labor Market

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ISBN 13 :
Total Pages : 20 pages
Book Rating : 4.:/5 (255 download)

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Book Synopsis The Polarization of the U.S. Labor Market by : David H. Autor

Download or read book The Polarization of the U.S. Labor Market written by David H. Autor and published by . This book was released on 2006 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes a marked change in the evolution of the U.S. wage structure over the past fifteen years: divergent trends in upper-tail (90/50) and lower-tail (50/10) wage inequality. We document that wage inequality in the top half of distribution has displayed an unchecked and rather smooth secular rise for the last 25 years (since 1980). Wage inequality in the bottom half of the distribution also grew rapidly from 1979 to 1987, but it has ceased growing (and for some measures actually narrowed) since the late 1980s. Furthermore we find that occupational employment growth shifted from monotonically increasing in wages (education) in the 1980s to a pattern of more rapid growth in jobs at the top and bottom relative to the middles of the wage (education) distribution in the 1990s. We characterize these patterns as the "polarization" of the U.S. labor market, with employment polarizing into high-wage and low-wage jobs at the expense of middle-wage work. We show how a model of computerization in which computers most strongly complement the non-routine (abstract) cognitive tasks of high-wage jobs, directly substitute for the routine tasks found in many traditional middle-wage jobs, and may have little direct impact on non-routine manual tasks in relatively low-wage jobs can help explain the observed polarization of the U.S. labor market.

The Polarization of Job Opportunities in the U.S. Labor Market

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ISBN 13 :
Total Pages : 40 pages
Book Rating : 4.:/5 (613 download)

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Book Synopsis The Polarization of Job Opportunities in the U.S. Labor Market by : David H. Autor

Download or read book The Polarization of Job Opportunities in the U.S. Labor Market written by David H. Autor and published by . This book was released on 2010 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Good Jobs, Bad Jobs

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Publisher : Russell Sage Foundation
ISBN 13 : 1610447476
Total Pages : 309 pages
Book Rating : 4.6/5 (14 download)

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Book Synopsis Good Jobs, Bad Jobs by : Arne L. Kalleberg

Download or read book Good Jobs, Bad Jobs written by Arne L. Kalleberg and published by Russell Sage Foundation. This book was released on 2011-06-01 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economic boom of the 1990s veiled a grim reality: in addition to the growing gap between rich and poor, the gap between good and bad quality jobs was also expanding. The postwar prosperity of the mid-twentieth century had enabled millions of American workers to join the middle class, but as author Arne L. Kalleberg shows, by the 1970s this upward movement had slowed, in part due to the steady disappearance of secure, well-paying industrial jobs. Ever since, precarious employment has been on the rise—paying low wages, offering few benefits, and with virtually no long-term security. Today, the polarization between workers with higher skill levels and those with low skills and low wages is more entrenched than ever. Good Jobs, Bad Jobs traces this trend to large-scale transformations in the American labor market and the changing demographics of low-wage workers. Kalleberg draws on nearly four decades of survey data, as well as his own research, to evaluate trends in U.S. job quality and suggest ways to improve American labor market practices and social policies. Good Jobs, Bad Jobs provides an insightful analysis of how and why precarious employment is gaining ground in the labor market and the role these developments have played in the decline of the middle class. Kalleberg shows that by the 1970s, government deregulation, global competition, and the rise of the service sector gained traction, while institutional protections for workers—such as unions and minimum-wage legislation—weakened. Together, these forces marked the end of postwar security for American workers. The composition of the labor force also changed significantly; the number of dual-earner families increased, as did the share of the workforce comprised of women, non-white, and immigrant workers. Of these groups, blacks, Latinos, and immigrants remain concentrated in the most precarious and low-quality jobs, with educational attainment being the leading indicator of who will earn the highest wages and experience the most job security and highest levels of autonomy and control over their jobs and schedules. Kalleberg demonstrates, however, that building a better safety net—increasing government responsibility for worker health care and retirement, as well as strengthening unions—can go a long way toward redressing the effects of today’s volatile labor market. There is every reason to expect that the growth of precarious jobs—which already make up a significant share of the American job market—will continue. Good Jobs, Bad Jobs deftly shows that the decline in U.S. job quality is not the result of fluctuations in the business cycle, but rather the result of economic restructuring and the disappearance of institutional protections for workers. Only government, employers and labor working together on long-term strategies—including an expanded safety net, strengthened legal protections, and better training opportunities—can help reverse this trend. A Volume in the American Sociological Association’s Rose Series in Sociology.

The Growth of Low Skill Service Jobs and the Polarization of the U.S. Labor Market

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ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (77 download)

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Book Synopsis The Growth of Low Skill Service Jobs and the Polarization of the U.S. Labor Market by : David H. Autor

Download or read book The Growth of Low Skill Service Jobs and the Polarization of the U.S. Labor Market written by David H. Autor and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: We offer a unified explanation and empirical analysis of the polarization of U.S. employment and wages between 1980 and 2005, and the concurrent growth of low skill service occupations. We attribute polarization to the interaction between consumer preferences, which favor variety over specialization, and the falling cost of automating routine, codifiable job tasks. Applying a spatial equilibrium model, we derive, test, and confirm four implications of this hypothesis. Local labor markets that were specialized in routine activities differentially adopted information technology, reallocated low skill labor into service occupations (employment polarization), experienced earnings growth at the tails of the distribution (wage polarization), and received inflows of skilled labor.

Job Polarization in the United States in the 21st Century Studying Shifts in Employment Structures Using Occupations and Sectors

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ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (139 download)

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Book Synopsis Job Polarization in the United States in the 21st Century Studying Shifts in Employment Structures Using Occupations and Sectors by : Rachel E. Dwyer

Download or read book Job Polarization in the United States in the 21st Century Studying Shifts in Employment Structures Using Occupations and Sectors written by Rachel E. Dwyer and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Job polarization was first identified in the US in the 1990s, when employment growth concentrated in the highest and lowest wages jobs with much less growth in middle wage jobs. Research since then has identified continuing polarizing pressures in the US and Europe, but also evidence of job upgrading in some periods even in the US. Prior research on job polarization often focuses on the relationship between individual wage inequality and inequality between jobs defined as occupations. I argue for the value of a focus on the structure of job inequality as distinct from individual wage inequality and, furthermore, argue for the inclusion of sectoral divisions in a jobs-based approach. With that conceptual underpinning, I analyze CPS data and build on prior work to study the first two decades of the 2000s, up to the first pandemic year of 2020. I disaggregate job growth by sector, employment contract, and sociodemographic groups. I find that the pattern of job polarization shifted in the 2000s where economic recessions became increasingly crucial in shaping the evolution of job growth. I also find striking race/ethnic disparities in job growth that reinforce both the privileged position of white workers in the US labor market, but also challenges for white workers in middle-wage jobs. Black and Hispanic workers also face particularly significant obstacles in reaching the highest-wage jobs. I close with policy recommendations for supporting equitable job growth.

Technological Change and Labor Markets

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Publisher :
ISBN 13 : 9781003389965
Total Pages : 0 pages
Book Rating : 4.3/5 (899 download)

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Book Synopsis Technological Change and Labor Markets by :

Download or read book Technological Change and Labor Markets written by and published by . This book was released on 2024-11 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "In developed countries like the US, Germany and the UK it has been observed that workers who perform non-routine activities, either cognitive or manual, have benefited in terms of employment and income, while those performing routinary tasks have seen their job prospects and wages decline. This has led to a polarization of the labor markets and to a decrease in certain measures of inequality. This phenomenon has been attributed to task-biased technological change (TBTC), which differs from the skilled biased technological change in the fact that not only highly skilled workers have benefited from technology advancement. This book presents evidence of how digitalization and task-biased technological change are affecting the labor markets of different regions of the world and examines the factors that cause this inequality among nations. It examines recent issues around the effect of task-biased technological change on labor markets and the economy in general, with a comparison of different countries in Central and Eastern Europe, North America, and Latin America, as well as in other regions of the world. The incorporation of the abovementioned regions presents relevant particularities for the subject matter addressed in the book. The book also considers questions such as how labor market effects differ by gender and what the impact of digital skills on employment, inequalities and public policies might be. In so doing, it identifies the advances, opportunities, and changes that have taken place, while also making public policy proposals. The main market for the book is the global community of graduate students and researchers in the field of economics and, specifically, in the study of labor markets"--

Human Capital in History

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Publisher : University of Chicago Press
ISBN 13 : 022616389X
Total Pages : 419 pages
Book Rating : 4.2/5 (261 download)

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Book Synopsis Human Capital in History by : Leah Platt Boustan

Download or read book Human Capital in History written by Leah Platt Boustan and published by University of Chicago Press. This book was released on 2014-11-05 with total page 419 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume honours the contributions Claudia Goldin has made to scholarship and teaching in economic history and labour economics. The chapters address some closely integrated issues: the role of human capital in the long-term development of the American economy, trends in fertility and marriage, and women's participation in economic change.

International Trade and Polarization in the Labor Market

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ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (83 download)

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Book Synopsis International Trade and Polarization in the Labor Market by : Satya P. Das

Download or read book International Trade and Polarization in the Labor Market written by Satya P. Das and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper builds an argument that international trade can be an explanation behind polarization of employment in the labor market observed in developed countries such as UK and US It considers a small open economy, having production sectors which use three types of labor: high-skill, middle-skill and low-skill. The economy faces an increase in the relative price of the high-skill intensive sector. Using decision rules for choosing high-skill, middleskill and low-skill education, it is shown that such a terms-of- trade shock can lead to polarization: shrinkage of middle-skill jobs, combined with higher shares of high-skill as well as low-skill workers in the total workforce. The effects of off-shoring on wages and job composition are also studied. Off-shoring of low-skill and high-skill tasks, not middle-skill tasks, is shown to contribute towards polarization in job composition. -- polarization in labor markets ; hollowing out ; wage inequality ; skill biased technical change ; terms of trade ; off-shoring

Income-driven Labor Market Polarization

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Publisher :
ISBN 13 :
Total Pages : 67 pages
Book Rating : 4.:/5 (116 download)

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Book Synopsis Income-driven Labor Market Polarization by : Diego A. Comin

Download or read book Income-driven Labor Market Polarization written by Diego A. Comin and published by . This book was released on 2020 with total page 67 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: We propose a mechanism for labor-market polarization based on the nonhomotheticity of demand that we call the income-driven channel. Our mechanism builds on a novel empirical fact: expenditure elasticities and production intensities in low- and high-skill occupations are positively correlated across sectors. Thus, as income grows, demand shifts towards expenditure-elastic sectors, and the relative demand for low- and high-skill occupations increases, causing labor-market polarization. A calibrated general-equilibrium model suggests this mechanism accounts for 90% and 35% of the increase in the wage-bill share of low- and high-skill occupations observed in the US during 1980-2016, and for 64% and 28% of the rise in the employment shares of low- and high-skill occupations. This mechanism is similarly important for the polarization of labor markets in Western Europe during 1980-2016, as well as in the US during earlier decades and, possibly, the near future

The Race between Education and Technology

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Publisher : Harvard University Press
ISBN 13 : 0674037731
Total Pages : 497 pages
Book Rating : 4.6/5 (74 download)

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Book Synopsis The Race between Education and Technology by : Claudia Goldin

Download or read book The Race between Education and Technology written by Claudia Goldin and published by Harvard University Press. This book was released on 2009-07-01 with total page 497 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a careful historical analysis of the co-evolution of educational attainment and the wage structure in the United States through the twentieth century. The authors propose that the twentieth century was not only the American Century but also the Human Capital Century. That is, the American educational system is what made America the richest nation in the world. Its educational system had always been less elite than that of most European nations. By 1900 the U.S. had begun to educate its masses at the secondary level, not just in the primary schools that had remarkable success in the nineteenth century. The book argues that technological change, education, and inequality have been involved in a kind of race. During the first eight decades of the twentieth century, the increase of educated workers was higher than the demand for them. This had the effect of boosting income for most people and lowering inequality. However, the reverse has been true since about 1980. This educational slowdown was accompanied by rising inequality. The authors discuss the complex reasons for this, and what might be done to ameliorate it.

Labor Market Polarization and International Macroeconomic Dynamics

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Publisher :
ISBN 13 :
Total Pages : 62 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Labor Market Polarization and International Macroeconomic Dynamics by : Federico Mandelman

Download or read book Labor Market Polarization and International Macroeconomic Dynamics written by Federico Mandelman and published by . This book was released on 2015 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the last thirty years, labor markets in advanced economies were characterized by their remarkable polarization. As job opportunities in middle-skill occupations disappeared, employment opportunities concentrated in the highest- and lowest-wage occupations. I develop a two-country stochastic growth model that incorporates trade in tasks, rather than in goods, and reveal that this setup can replicate the observed polarization in the United States. This polarization was not a steady process: the relative employment share of each skill group fluctuated significantly over short-to-medium horizons. I show that the domestic and international aggregate shocks estimated within this framework can rationalize such employment dynamics while providing a good fit to the macroeconomic data. The model is estimated with employment data for different skills groups and trade-weighted macroeconomic indicators.

The Dynamics of Labor Market Polarization

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ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (931 download)

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Book Synopsis The Dynamics of Labor Market Polarization by : Christopher L. Smith

Download or read book The Dynamics of Labor Market Polarization written by Christopher L. Smith and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Forgotten Americans

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Publisher : Yale University Press
ISBN 13 : 0300241062
Total Pages : 268 pages
Book Rating : 4.3/5 (2 download)

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Book Synopsis Forgotten Americans by : Isabel Sawhill

Download or read book Forgotten Americans written by Isabel Sawhill and published by Yale University Press. This book was released on 2018-09-25 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: A sobering account of a disenfranchised American working class and important policy solutions to the nation’s economic inequalities One of the country’s leading scholars on economics and social policy, Isabel Sawhill addresses the enormous divisions in American society—economic, cultural, and political—and what might be done to bridge them. Widening inequality and the loss of jobs to trade and technology has left a significant portion of the American workforce disenfranchised and skeptical of governments and corporations alike. And yet both have a role to play in improving the country for all. Sawhill argues for a policy agenda based on mainstream values, such as family, education, and work. While many have lost faith in government programs designed to help them, there are still trusted institutions on both the local and federal level that can deliver better job opportunities and higher wages to those who have been left behind. At the same time, the private sector needs to reexamine how it trains and rewards employees. This book provides a clear-headed and middle-way path to a better-functioning society in which personal responsibility is honored and inclusive capitalism and more broadly shared growth are once more the norm.

A Tale of Two Countries

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Publisher :
ISBN 13 :
Total Pages : 53 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis A Tale of Two Countries by : Julien Albertini

Download or read book A Tale of Two Countries written by Julien Albertini and published by . This book was released on 2017 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study investigates job polarization in the United States and in France. In the data, the dynamics of employment shares for abstract, routine, and manual jobs appear very similar in the two countries. This similarity actually hides major differences in the dynamics of employment levels by tasks. In particular, the routine employment level fell significantly in France until the mid-1990s, and then rebounded until 2007. The evolution of US routine employment went in opposite directions to that of the French economy. We then develop a multi-sectorial search and matching model with endogenous occupational choice to disentangle the respective contributions of task-biased technological change (TBTC), labor market institutions (LMI), and rising educational attainment to job polarization. For the US economy, we find that TBTC and the rising supply of skilled labor are the main drivers of polarization in a context of growing employment levels. In France, in contrast, polarization is driven mainly by LMI changes. This led to a sharp drop in routine employment in a context of declining aggregate employment until the mid-1990s, which then reversed when the impact of the minimum wage was alleviated by a subsidy policy targeted at low wage earners. Next, we quantify the welfare consequences of job polarization. Abstract and manual workers are the main winners of job polarization in both countries. Welfare gains and losses are more dispersed in the routine group. The most productive French routine workers would have been worse off without LMI changes. In contrast, displaced low-ability, routine French workers would have preferred a more flexible labor market to improve their employment prospects in their occupational change. All US routine workers suffered as a result of the drop in LMI generosity.

Labor Market Polarization with Hand-to-mouth Households

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (134 download)

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Book Synopsis Labor Market Polarization with Hand-to-mouth Households by : Johannes Wacks

Download or read book Labor Market Polarization with Hand-to-mouth Households written by Johannes Wacks and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the recent decades, wide-spread automation has led to a shift of the US labor force from occupations intensive in routine tasks into occupations intensive in manual and abstract tasks. I integrate routine-biased technological change into an incomplete markets model with occupation-specific human capital. I use the model to study the transition between steady states pre and post labor market polarization in general equilibrium. When human capital is occupation-specific and wages in the routine occupations relative to the other occupations fall over time, occupational choices become dynamic investment decisions. When households are close to the borrowing constraint, their occupational choices are distorted and they optimally choose to work in the routine occupations for longer than households who have accumulated a buffer stock of savings. I show that in a counterfactual economy, in which all workers choose occupations as if they were hand-to-mouth, the fall in routine labor is protracted by about three years compared to what was actually observed. I use the model to discuss several labor market policies. Incentivizing experienced routine workers to switch to the manual or abstract occupations, by paying them a government transfer, increases social welfare and average output. Empirically, I show that the friction I study is highly relevant, as about 34% of the households working in routine occupations live hand-to-mouth.

Occupational Change in Europe

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Publisher :
ISBN 13 : 9780191761010
Total Pages : pages
Book Rating : 4.7/5 (61 download)

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Book Synopsis Occupational Change in Europe by : Daniel Oesch

Download or read book Occupational Change in Europe written by Daniel Oesch and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Occupational Change in Europe' examines the pattern of occupational change in Western Europe by drawing on extensive evidence of employment data in Britain, Denmark, Germany, Spain and Switzerland since 1990.

Offshoring, Low-Skilled Immigration, and Labor Market Polarization

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Publisher :
ISBN 13 :
Total Pages : 43 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Offshoring, Low-Skilled Immigration, and Labor Market Polarization by : Federico Mandelman

Download or read book Offshoring, Low-Skilled Immigration, and Labor Market Polarization written by Federico Mandelman and published by . This book was released on 2017 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the last three decades, the U.S. labor market has been characterized by its employment polarization. As jobs in the middle of the skill distribution have shrunk, employment has expanded in high- and low-skill occupations. Real wages have not followed the same pattern. While earnings for high-skill occupations have risen robustly, wages for both low- and middle-skill workers have remained subdued. We attribute this outcome to the rise in offshoring and low-skilled immigration, and develop a three-country stochastic growth model to rationalize their asymmetric effect on employment and wages, as well as their implications for U.S. welfare. In the model, the increase in offshoring negatively affects middle-skill occupations but benefits the high-skill ones, which in turn boosts aggregate productivity. As the income of high-skill occupations rises, so does the demand for complementary services provided by low-skill workers. However, low-skill wages remain depressed due to the rise in low-skilled immigration. Native workers react to immigration by investing in training. Offshoring and low-skilled immigration improve aggregate welfare in the U.S. economy, notwithstanding their asymmetric impact on native workers of different skill levels. The model is estimated using data on real GDP, U.S. employment by skill group, and enforcement at the U.S.-Mexico border.