An Analysis of Job and Wage Growth in the Telecom/Tech Sector

25 Pages Posted: 29 Mar 2017 Last revised: 1 Sep 2017

Date Written: August 12, 2017

Abstract

This paper examines job growth at leading tech/telecom firms. We compare them to leading industrial firms, both in the first half of the 20th century and in the post-war era, and show that they have similar employment trajectories. Then we consider wage and industrial structure trends. We find that real wages in the tech/telecom sector are higher and rising faster than in the physical sector. To correct for composition effects, we examine detailed occupational categories, and find that for middle-skill occupations such as sales and office support, the tech/telecom sector has significantly higher wages than the physical sector.

Keywords: wages, employment

JEL Classification: J3

Suggested Citation

Mandel, Michael, An Analysis of Job and Wage Growth in the Telecom/Tech Sector (August 12, 2017). Available at SSRN: https://ssrn.com/abstract=2942908 or http://dx.doi.org/10.2139/ssrn.2942908

Michael Mandel (Contact Author)

Progressive Policy Institute ( email )

1200 New Hampshire NW
Suite 575
Washington, DC 20036
United States

HOME PAGE: http://www.progressivepolicy.org

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