kaal:claim:4900880-022

Headline net job creation figures conceal the real disruption: employers anticipate structural labor market churn of 23 percent of jobs over five years, so a positive net balance of created over destroyed jobs understates how many workers must move.

However, this net positive job creation masks significant churn in the job market, with employers anticipating a structural labor market churn of 23% of jobs in the next five years.

Wulf A. Kaal, Quantum Economy and the Future of Work (2024), 3.3.1 Job Dynamics: Creation, Destruction, and Transformation, p. 34
https://ssrn.com/abstract=4900880 · source PDF

Wulf A. Kaal, Quantum Economy and the Future of Work (2024). SSRN: https://ssrn.com/abstract=4900880

failuresupport: evidencedfailure: net-job-count-masks-churnfamily: measurement-and-metric-failureeconomicsresearch-methods

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