The evolution of technological substitution in low-wage labor markets

Abstract: This paper documents how the susceptibility of low-wage occupational employment to technological substitution has changed over the first two decades of the century.  We find that low-wage automation has accelerated and spread to a broader set of jobs since the Financial Crisis – decreasing employment at both cognitively routine and manually routine jobs.  However, … Continue reading The evolution of technological substitution in low-wage labor markets