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The Hourglass and the Escalator: Labour market change and mobility

This report provides an overview of the changes to the UK labour market that have occurred between 2001 and 2011.

The past decade has been a period of considerable change in the labour market, in particular in the latter years when the economy has experienced recession and emerging recovery. Over the longer-term, as the economy has been increasingly based on knowledge rather than routine production, new jobs have been created in large numbers in high-skill, high-wage professional and managerial occupations. Yet, the last decade has also seen growth in lower-wage service occupations, combined with a reduction in middle-wage occupations, leading to concerns of employment polarisation. In short, there appears to be a gradual hollowing-out of the labour market.

This hollowing-out has lead some commentators to talk of the labour market as being increasingly structured like an hourglass, and bifurcated into 'good' and 'bad' jobs. This report investigates the evidence and implications of these changes in the labour market.

Author(s): Paul Sissons

Other Publishers: The Work Foundation

Production date: 2011

How to obtain: The Hourglass and the Escalator is available to download below.

Communities: Graduate Labour Market (GLaM)

Audiences: Careers practitioners

Format: Web


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Tags: LMI graduate labour market

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