#labour markets #resilience

Universal Resilience Patterns in labor markets

Authors: Esteban Moro, Morgan R. Frank, Alex Pentland, Alex Rutherford, Manuel Cebrian, Iyad Rahwan. Publication: Nature Communications (2021). Link Abstract: Cities are the innovation centers of the US economy, but technological disruptions can exclude workers and inhibit a middle class. Therefore, urban policy must promote the jobs and skills that increase worker pay, create employment, and foster economic resilience. In this paper, we model labor market resilience with an ecologically-inspired job network constructed from the similarity of occupations’ skill requirements. ...

#resilience #Labour Markets

Factors Improving Labor Resiliency in U.S. Cities.

What makes urban labor markets more resilient? This is the question at the heart of a new study we have published in Nature Communications. We drew on prior network modeling research to map the job landscapes in cities across the United States, and showed that job “connectedness” is a key determinant of the resilience of local economies. Economists, policy makers, city planners, and companies have a strong interest in determining what factors contribute to healthy job markets, including what factors can help promote faster recovery after a shock, such as a major recession or the current COVID pandemic. ...

#Artificial Intelligence #Labour Markets

Towards understanding the impact of artificial intelligence on labor

Authors: Frank, Morgan R and Autor, David and Bessen, James E and Brynjolfsson, Erik and Cebrian, Manuel and Deming, David J and Feldman, Maryann and Groh, Matthew and Lobo, José and Moro, Esteban and Wang, Dashun and Youn, Hyejin and Rahwan, Iyad Journal: PNAS (2019). JOURNAL | PDF Abstract: Rapid advances in artificial intelligence (AI) and automation technologies have the potential to significantly disrupt labor markets. While AI and automation can augment the productivity of some workers, they can replace the work done by others and will likely transform almost all occupations at least to some degree. ...