Search
 

Middle-class jobs could be disappearing

According to Arnold Kling, a former economist for the Federal Reserve Board, employment trends could be moving to extreme economic restructuring, calling for new approaches to career planning as well as skill development, and this could put clerical positions, which have been a key part of the U.S.s economy for...

By Amanda McGrory-Dixon | Updated on November 21, 2011

According to Arnold Kling, a former economist for the Federal Reserve Board, employment trends could be moving to extreme economic restructuring, calling for new approaches to career planning as well as skill development, and this could put clerical positions, which have been a key part of the U.S.’s economy for more than half a century, in danger.

“The economy is in a state of transition, in which the middle-class jobs that emerged after World War II have begun to decline,” writes Arnold Kling for TheAmerican.com. “These trends serve to limit the availability of well-defined jobs. If a job can be characterized by a precise set of instructions, then that job is a candidate to be automated or outsourced to modestly educated workers in developing countries.”

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper

Recommended Stories

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2024 ALM Global, LLC. All Rights Reserved.