Lovely and lousy jobs

Alan Manning
Authors registered in the RePEc Author Service: John van Reenen

CentrePiece - The magazine for economic performance from Centre for Economic Performance, LSE

Abstract: The phenomenon of 'job polarisation' is increasing inequality as the labour market splits into high- and low-wage work. According to Alan Manning, who coined the term a decade ago, we cannot ignore job polarisation - but with sensible policies, we can manage it. Aiming for greater equality in the distribution of human capital is as important as ever. The most compelling explanation for job polarisation lies in the nature of technical progress: machines and software programs have been replacing employees in many routine jobs in the middle of the income distribution. But as Manning explains, while technology will undoubtedly continue to displace humans in some tasks, there is no reason to think that the jobs affected will always be the middle-skill ones.

Keywords: Labor Demand and Technology; Inequality (search for similar items in EconPapers)
JEL-codes: J21 (search for similar items in EconPapers)
Date: 2013-12
New Economics Papers: this item is included in nep-lma, nep-ltv and nep-pke
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:cep:cepcnp:398

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