There is nothing economists like more than challenging conventional wisdom. As an example, there is a widely accepted narrative indicating that the U.S. labor market is presently experiencing an unprecedented rate of technology driven disruption. This is made apparent by, for instance, the growth in online retail sales and the loss of jobs at brick and mortar retailers. Or by the expansion of Uber and the pressure this places on cab companies.
The Job Churn
Kathryn Decker/flickr
