ERIC Number: ED292971
Record Type: RIE
Publication Date: 1988-Apr
Reference Count: N/A
Services and the New Economy: Toward a New Labor Market Segmentation. Occasional Paper No. 5.
This paper identifies some recent dimensions of labor market restructuring, based on an analysis of change in the United States economy. Information was drawn from a number of service industries, including retailing, telecommunications, insurance, banking, advertising, accounting, and other business services. Following an introduction that defines the nature and purpose of the paper, Section 2 reviews some of the key factors behind the transformation in the demand for labor. They include increasing the competition and the introduction of new technology--two of the main forces that have resulted in the trend towards "vertical disintegration" and the rise in the demand for "contingent labor." Section 3 examines some principal forces that have transformed the labor supply, including growth in the pool of available part-time workers, the rise in the number of two wage-earner households, and rising educational attainment. The paper also points to the response by firms to some of these forces and specifically to the trend toward the dismantling of internal labor markets. In Section 4, the emergence of new labor markets structured around segments of core and contingent workers is hypothesized. These new segments are shown to differ widely from the so-called primary and secondary labor segments characteristic of the industrial dualism of the post-war years. (KC)
Publication Type: Speeches/Meeting Papers; Information Analyses
Education Level: N/A
Sponsor: Office of Educational Research and Improvement (ED), Washington, DC.; Ford Foundation, New York, NY.
Authoring Institution: National Center on Education and Employment, New York, NY.
Note: Paper presented at the Seminar on "Dynamique des Services et Theories Economiques" (Lille, France, January 30, 1987).