The research, ‘Future of Work in the Digital Age’ 2016 reveals the labor market is in the midst of drastic changes. To understand the transition currently taking place in the labor market, the researchers assessed two related phenomena: deindustrialization and job polarization in OECD countries. These phenomena capture the shifting composition of the labor market, a clear sign of a labor market in transition. Next to the decrease in manufacturing in the developed countries, the growth in services can be decomposed into low-tech, low-paying and high-tech, high-paying employment, which reveals the current trend of the job polarization.
The full report (PDF file) here.