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Author Question: With regard to labour markets, to what are economists referring when speaking of "hollowing out"? (Read 86 times)

mt05945

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on: Oct 12, 2022
With regard to labour markets, to what are economists referring when speaking of "hollowing out"?
◦ Technological change is displacing workers from the middle of the income distribution, and those workers are now competing for the economy's lowest-paid jobs.
◦ The declining influence of unions has hollowed out union membership in industrialized economies.
◦ The increasing size of the area between the Lorenz curve and the diagonal line, signalling a hollowing out of income.
◦ Income between rich and poor countries has become less equal in the past two decades.
◦ Increasing levels of youth unemployment in economies that were severely affected by the financial crisis of 2008-2009.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by mt05945 on Oct 12, 2022

RodrickHac

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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mt05945

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

flexer1n1

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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