Editor’s Note:
This paper was prepared for the inaugural conference on “Automation and the Middle Class” for the Brookings Institution, Future of the Middle Class Initiative.
In the last four decades, the US and other industrialized economies have experienced a pronounced drop in the fraction of the population working in middle-waged jobs. Since employment growth has been weighted toward the upper- and lower-tails of the wage distribution, this phenomenon has become known as job polarization. An important literature demonstrates that this change has meant the loss of job opportunities in certain types of occupations—those that are routine in nature, […]
Full Post at www.brookings.edu