Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Labor reallocation during the Industrial Revolution

New technologies swept through Britain during the Second Industrial Revolution, destroying old jobs and creating new ones. We know little about how workers reallocated. Using 170 million full-count British census observations (1851-1911), I construct new task-level data on occupation and investigate English bootmaking as it mechanized. 153,000 artisanal jobs disappeared as skills became obsolete;…

We haven't written up this one. Marginal Revolution has the full story — the link below goes straight to it.

Read the original at marginalrevolution.com →

More in Finance & Markets

Kongsbergs skjulte USA-perle

Tysk storbank mener Kongsberg Gruppen har undervurdert vekstmotor i USA. Men konkurransen er hardt, ifølge norsk analytiker.

More from Saturday 12 September →