We find that the unemployment rate for young workers in the exposed occupations is flat (see Appendix). But slowed hiring may not necessarily manifest as increased unemployment, since many young workers are labor market entrants without a listed occupation in the CPS data and may exit the labor force rather than appear as unemployed. To address hiring directly, we use the panel dimension of the CPS, counting the percent of young (22-25 year old) workers who begin a new job in a more vs. less exposed occupation over time. Figure 7 shows the monthly job finding rate (i.e., when a worker reports a job that they did not have in the previous month) for young workers, split by whether they are entering a high- vs. low-exposure occupation.
variable pointed to by val. An error is returned in case there is no
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I got into computers because solving puzzles was fun, and building worlds was fun, and making things — the process of making things — was fun, down at the granular level. It was nice to have something at the end, but the act of creation was the exciting part. I suspect that predilection will begin to disappear (in commercial environments, at the very least), now that the people who do it — who want who do it — can be replaced. The journey actually was the reward for some subset of weird little freaks, but you can now skip all that crap and just jump to the end and get on with it.
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