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The Future of Work
Article

The Future of Work

Callum Williams
The Economist, 2021
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9

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Predictions of Armageddon in the labor market as a result of the COVID-19 pandemic have proved overblown. Although essential workers have suffered grievously, workers across the world’s wealthy countries haven’t experienced the degree of job losses that many pundits foresaw. In this special report from The Economist, Callum Williams places the pandemic in the context of existing trends in work, policy and automation, arguing that the pandemic’s lasting effects will tend to benefit labor markets and many workers. Williams is The Economist’s senior economics writer.

Take-Aways

  • Labor markets were healthy, and getting even better, before the pandemic struck.
  • Labor markets have bounced back from the pandemic crisis remarkably well – but they’ve changed.
  • The recovery hasn’t yet reached low-income workers.

About the Author

Callum Williams is senior economics writer at The Economist.

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