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Labor markets in the digital economy: modeling employment from the bottom-up

Liebenau, Jonathan (2018) Labor markets in the digital economy: modeling employment from the bottom-up. In: UNSPECIFIED Springer. (In Press)

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Abstract

Four studies on ICT labor markets show how technology makes a difference to growth. Different skills are entrenched into the broader economy in their own ways. Technologies in mature manufacturing industries change slowly and employment growth has smaller knock-on effects than those in new sectors, such as smartphone services. Cloud computing reduces and redeploys in-house information management workers but the total effects, even with a conservative view of productivity gains, is unlikely to reduce total employment of technically skilled people. We see modest growth mostly but significant gains in local areas, as in the boost to London’s labor market brought on by “digital London”. The fact that employment grows as we have described addresses the common, often shrill, warnings about skills shortages.

Item Type: Book Section
Divisions: Management
Subjects: H Social Sciences > HB Economic Theory
Q Science > QA Mathematics > QA75 Electronic computers. Computer science
Sets: Departments > Management
Date Deposited: 16 Apr 2018 10:16
Last Modified: 14 May 2018 09:35
URI: http://eprints.lse.ac.uk/id/eprint/87475

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