Relative growth of employment in high-skilled and well-paid jobs (such as management and technical positions) and low-skilled and low-paid jobs (such as catering and cleaning services) amid the concurrent decline in middle-skill jobs (such as clerical, construction, manufacturing, and retail trade).

Comment

The decline in middle-skill employment is typically attributed to the rising automation of work, but other factors (e.g. labour market institutions, globalisation, quality of labour supply) may be drivers of job polarisation.

Source

Based on Federal Reserve Bank of Boston, 2021.