Job polarisation and the decline of middle-class workers’ wages

Michael Boehm 08 February 2014

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The decline of the middle class has come to the forefront of debate in the US and Europe in recent years. This decline has two important components in the labour market. First, the number of well-paid middle-skill jobs in manufacturing and clerical occupations has decreased substantially since the mid-1980s. Second, the relative earnings for workers around the median of the wage distribution dropped over the same period, leaving them with hardly any real wage gains in nearly 30 years.

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Topics:  Labour markets Poverty and income inequality

Tags:  jobs, middle class, labour, routine and non-routine tasks

A new measure of the global middle class

Shimelse Ali, Uri Dadush 02 June 2012

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The swelling middle class in emerging economies is transforming the economic balance of power across the globe. Measuring it, however, is no easy task. The broadest classification of "middle class" suggests the middle class comprises anyone who is not poor, which according to the World Bank means those who earn an income in excess of $2 a day after adjusting for purchasing power (Chen and Ravallion 2010).

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Topics:  Development Poverty and income inequality

Tags:  development, emerging markets, Global middle class, middle class

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