hollowing out

Hollowing out and labour markets - the myth

New article on Vox: The ‘hollowing out’ thesis suggests that there are far fewer intermediate-level jobs in the labour market and far more low- and high-level jobs than two or three decades ago, primarily due to technological advancement. However, a new article by Bob Butcher just posted on Vox, challenges the conclusion of this thesis. Though the composition of intermediate-level jobs has changed, their volume has probably not. Policy implications for specific groups of job seekers are discussed.