Where have all the good jobs gone?

Where have all the good jobs gone?

The good jobs are disappearing. Those that predated the digital revolution are dropping away altogether or being replaced by low-paying service jobs and other less secure employment. These include part-time jobs, freelance contracting and gig opportunities. The number of Americans working under these arrangements rose by 9.4 million from 2005 to 2015; 48 million Americans are now in low paying jobs.

This growing job shift is transformational. For employers, it offers new efficiencies and greater flexibility. Workers are cheaper and fewer can demand benefits. Employers can staff-up as needed; workers take the risks.

Momentous technological advances exert a steady and downward […]

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