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The labour market in the new information economy

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  • Freeman, Richard B.

Abstract

The extension of information and communication technologies 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 IT 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 message to the public, raising the possibility of a major change in the nature of the union movement.

Suggested Citation

  • Freeman, Richard B., 2002. "The labour market in the new information economy," LSE Research Online Documents on Economics 20062, London School of Economics and Political Science, LSE Library.
  • Handle: RePEc:ehl:lserod:20062
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    File URL: http://eprints.lse.ac.uk/20062/
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    References listed on IDEAS

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    Cited by:

    1. Rimler, Judit, 2003. "Ecset vagy egér. Mesterségbeli tudás és magas szintű technika
      [Brush or mouse. Occupational capabilities and high technology]
      ," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(12), pages 1095-1114.
    2. Ana Dammert & Jose Galdo & Virgilio Galdo, 2015. "Integrating mobile phone technologies into labor-market intermediation: a multi-treatment experimental design," IZA Journal of Labor & Development, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 4(1), pages 1-27, December.
    3. Yannis M. Ioannides & Linda Datcher Loury, 2004. "Job Information Networks, Neighborhood Effects, and Inequality," Journal of Economic Literature, American Economic Association, vol. 42(4), pages 1056-1093, December.
    4. Rimler, Judit, 2004. "Foglalkozás és végzettség
      [Employment and education]
      ," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(12), pages 1172-1187.
    5. Friedberg Leora & Owyang Michael T & Sinclair Tara M, 2006. "Searching For Better Prospects: Endogenizing Falling Job Tenure and Private Pension Coverage," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 6(1), pages 1-42, August.
    6. Robert W. Fairlie & Daniel O. Beltran & Kuntal K. Das, 2010. "HOME COMPUTERS AND EDUCATIONAL OUTCOMES: EVIDENCE FROM THE NLSY97 and CPS-super-," Economic Inquiry, Western Economic Association International, vol. 48(3), pages 771-792, July.
    7. Daniel O. Beltran & Kuntal K. Das & Robert W. Fairlie, 2008. "Are Computers Good for Children? The Effects of Home Computers on Educational Outcomes," CEPR Discussion Papers 576, Centre for Economic Policy Research, Research School of Economics, Australian National University.
    8. Robert W. Fairlie, 2006. "The Personal Computer and Entrepreneurship," Management Science, INFORMS, vol. 52(2), pages 187-203, February.
    9. Samuel Bowles & Yongjin Park, 2005. "Emulation, Inequality, and Work Hours: Was Thorsten Veblen Right?," Economic Journal, Royal Economic Society, vol. 115(507), pages 397-412, November.
    10. Rainer Eppel & Helmut Mahringer & Andrea Weber, 2014. "Job Search Behaviour and Job Search Success of the Unemployed," WIFO Working Papers 471, WIFO.
    11. Riccardo Lucchetti & Stefano Staffolani & Alessandro Sterlacchini, 2004. "Computers, Wages and Working Hours in Italy," Giornale degli Economisti, GDE (Giornale degli Economisti e Annali di Economia), Bocconi University, vol. 63(3-4), pages 329-353, December.
    12. Beltran, Daniel O. & Das, Kuntal K. & Fairlie, Robert W., 2006. "Do Home Computers Improve Educational Outcomes? Evidence from Matched Current Population Surveys and the National Longitudinal Survey of Youth 1997," IZA Discussion Papers 1912, Institute for the Study of Labor (IZA).
    13. Kikuchi, Toru & Long, Ngo Van, 2010. "A simple model of service offshoring with time zone differences," The North American Journal of Economics and Finance, Elsevier, vol. 21(3), pages 217-227, December.
    14. Manuel F. Bagues & Mauro Sylos Labini, 2009. "Do Online Labor Market Intermediaries Matter? The Impact of AlmaLaurea on the University-to-Work Transition," NBER Chapters,in: Studies of Labor Market Intermediation, pages 127-154 National Bureau of Economic Research, Inc.
    15. Fairlie, Robert W., 2005. "The effects of home computers on school enrollment," Economics of Education Review, Elsevier, vol. 24(5), pages 533-547, October.
    16. José Miguel Benavente & David Bravo & Rodrigo Montero, 2011. "Wages And Workplace Computer Use In Chile," The Developing Economies, Institute of Developing Economies, vol. 49(4), pages 382-403, December.
    17. Naveed R. KHAN & Marinah AWANG & Arsalan Mujahid GHOURI, 2013. "Impact Of E-Recruitment And Job-Seekers Perception On Intention To Pursue The Jobs," Management and Marketing Journal, University of Craiova, Faculty of Economics and Business Administration, vol. 0(1), pages 47-57, May.
    18. Christian Grund, 2005. "Recruiting via Internet," Bonn Econ Discussion Papers bgse18_2005, University of Bonn, Germany.
    19. Henna Nivalainen, 2014. "Internet-Based Employer Search and Vacancy Duration: Evidence from Finland," LABOUR, CEIS, vol. 28(1), pages 112-140, March.
    20. Jonathan Temple, 2002. "An Assessment of the New Economy," Bristol Economics Discussion Papers 02/542, Department of Economics, University of Bristol, UK.
    21. Wojciech Szewczyk & Anna Sabadash, 2013. "Macroeconomic Modelling of Public Expenditures on Research and Development in Information and Communication Technologies," JRC Working Papers JRC82943, Joint Research Centre (Seville site).
    22. Constantin Mang, 2012. "Online Job Search and Matching Quality," ifo Working Paper Series 147, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
    23. Roger W. Ferguson & William L. Wascher, 2004. "Distinguished Lecture on Economics in Government: Lessons from Past Productivity Booms," Journal of Economic Perspectives, American Economic Association, vol. 18(2), pages 3-28, Spring.
    24. Hans-Günther Vieweg & Thomas Fuchs & Reinhard Hild & Andreas Kuhlmann & Stefan Lachenmaier & Michael Reinhard & Uwe Christian Täger & Sebastian de Ramon & Jan-Egbert Sturm, 2005. "Stand und Perspektiven der "New Economy" in ausgewählten Mitgliedstaaten der EU aus deutscher Sicht," ifo Beiträge zur Wirtschaftsforschung, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 19.

    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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