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Financial Times:
Fall in jobless rate underscores pace of revival

14 November 2013

Low- and high-skilled jobs have expanded while middle-skilled jobs have fallen as a share of employment, according to a report by the Resolution Foundation thinktank and London School of Economics. This phenomenon, sometimes called the ''hourglass effect'', is causing concern because a decline in mid-range jobs such as administration and semi-skilled manufacturing may be forcing more people into low-paid work.

This article was published in the Financial Times on November 14, 2013
Link to article here

Related publications
A Polarising Crisis? The changing shape of the UK and US labour markets from 2008 to 2012, James Plunkett and Joao Paulo Pessoa, Resolution Foundation, November 2013
'Decoupling of Wage Growth and Productivity Growth? Myth and Reality', Joao Paulo Pessoa and John Van Reenen, Centre for Economic Performance Discussion Paper No.1246, October 2013

Related links
Joao Paulo Pessoa webpage
Productivity and Innovation Programme webpage

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