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The Labour Market in the New Information Economy

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  • Richard B. Freeman

Abstract

The extension of information and communication technologies (ICT) to economic activity is changing the labour market in important ways, This article shows that computerization and use of the Internet are associated with greater hours worked as well as higher wages; that ICT occupations are rapidly increasing their share of employment; that job search and recruitment are moving rapidly to the Web, with consequences for matching employers and employees; and, possibly most important of all, that trade unions have begun to use the Internet as a tool for servicing members and carrying their messages to the public, raising the possibility of a major change in the nature of the union movement. Copyright 2002, Oxford University Press.

Suggested Citation

  • Richard B. Freeman, 2002. "The Labour Market in the New Information Economy," Oxford Review of Economic Policy, Oxford University Press, vol. 18(3), pages 288-305.
  • Handle: RePEc:oup:oxford:v:18:y:2002:i:3:p:288-305
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    References listed on IDEAS

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    1. Nickell, Stephen & Redding, Stephen J. & Swaffield, Joanna K, 2001. "Educational Attainment, Labour Market Institutions and the Structure of Production," CEPR Discussion Papers 3068, C.E.P.R. Discussion Papers.
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    5. David H. Autor, 2001. "Wiring the Labor Market," Journal of Economic Perspectives, American Economic Association, vol. 15(1), pages 25-40, Winter.
    6. W. J. Diamond & R. B. Freeman, 2002. "Will Unionism Prosper in Cyberspace? The Promise of the Internet for Employee Organization," British Journal of Industrial Relations, London School of Economics, vol. 40(3), pages 569-596, September.
    7. Neumark, David & Reed, Deborah, 2004. "Employment relationships in the new economy," Labour Economics, Elsevier, vol. 11(1), pages 1-31, February.
    8. Henry S. Farber, 1995. "Are Lifetime Jobs Disappearing? Job Duration in the United States: 1973-1993," NBER Working Papers 5014, National Bureau of Economic Research, Inc.
    9. David Card & John E. DiNardo, 2002. "Skill-Biased Technological Change and Rising Wage Inequality: Some Problems and Puzzles," Journal of Labor Economics, University of Chicago Press, vol. 20(4), pages 733-783, October.
    10. David H. Autor & Frank Levy & Richard Murnane, 2000. "Upstairs, Downstairs: Computer-Skill Complementarity and Computer-Labor Substitution on Two Floors of a Large Bank," NBER Working Papers 7890, National Bureau of Economic Research, Inc.
    11. David H. Autor & Lawrence F. Katz & Alan B. Krueger, 1998. "Computing Inequality: Have Computers Changed the Labor Market?," The Quarterly Journal of Economics, Oxford University Press, vol. 113(4), pages 1169-1213.
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    More about this item

    JEL classification:

    • R14 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Land Use Patterns
    • J01 - Labor and Demographic Economics - - General - - - Labor Economics: General

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