a column by Daniel Oesch and Giorgio Piccitto for VOX: CEPR’s Policy Portal
The consensus view in economics is that labour markets are polarising as jobs are created in high-skilled and low-skilled occupations but disappear in mid-skilled ones.
This column shows empirical evidence against the polarisation theory in Western Europe. Between 1992 and 2015, job growth in Germany, Spain, Sweden, and the UK was strongest in top-end occupations and, except in the UK, weakest in low-end occupations.
Continue reading and find some very useful charts which helped me understand the text!
Labels:
labour_market, middle_class, job_polarisation, jobs, middle-class_erosion, hollowing_out,
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