Globalisation, inequality, feeble productivity growth, earnings stagnation, the falling labour share of national income — the most important features of economic life. And one institution binds them together: the firm.
We reflect on the current state of the labour market and ask whether the composition of jobs demanded looks different in ways which could affect the careers of workers.
We consider key factors that have shaped labour market inequality in the United Kingdom over the last four decades, with a focus on technological changes and skill demand, labour market institutions and contract regulation.
The availability of work with good wages and conditions makes a big difference to our material wellbeing and the kinds of lives we lead. At this online event we looked at what has been happening to inequalities in the UK’s labour market, and what the big policy challenges are going forward.