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James Pethokoukis | American Enterprise Institute
A Q&A with Tyler Cowen, author of ‘Average is Over’
Flash fact:
most of the jobs lost during the Great Recession were mid-wage occupations,
most of the jobs added in the recovery have been low-wage jobs.
many of those disappearing middle-level jobs are what economists call “routine, manual tasks” that can be easily automated.
If economist Tyler Cowen is right, that trend is merely a taste of things to come.