Labour markets and the future of work

Pissarides, Christopher ORCID: 0000-0002-0695-058X (2025) Labour markets and the future of work. In: Besley, Tim, Bucelli, Irene and Velasco, Andrés, (eds.) The London Consensus: Economic Principles for the 21st Century. LSE Press, London, UK. ISBN 9781911712435 (In Press)

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Abstract

New technologies are causing a restructuring of labour markets in many countries. While much has been written on how these technologies may destroy jobs, this chapter argues that they do not threaten the end of work but they will require extensive worker transitions. While some of the new job tasks that will be created in the digital economy will require skills at an advanced level with a strong scientific base, it is a basic knowledge of these technologies that will be required practically everywhere in the labour market. The chapter discusses the way in which both companies and governments have a role to play in meeting the challenge of achieving these transitions, in face of increasing demand for ‘good work’.

Item Type:	Book Section
Official URL:	https://press.lse.ac.uk/books/e/10.31389/lsepress....
Divisions:	Economics
Subjects:	H Social Sciences > HD Industries. Land use. Labor H Social Sciences > HB Economic Theory
Date Deposited:	26 Aug 2025 11:48
Last Modified:	11 Sep 2025 02:07
URI:	http://eprints.lse.ac.uk/id/eprint/129234

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