"Hollowed out" middle class due to fewer jobs in many industries

Investments in technology impact on number of manufacturing jobs. Photo: World Bank/Graham Crouch

The demand for jobs in sectors such as the service industry, that typically employ so-called "middle-class" workers, is in sharp decline according to the International Labour Organization.

But what do fewer middle class jobs mean for the global workforce?

The ILO says the result is what it is calling a "hollowed out" middle-class with more competition for lower paying jobs.

Bruce Edwards spoke to ILO's Ekkehard Ernst, head of the macroeconomic policy team.

He began by asking Mr Ernst about the impact of technology on jobs.

Duration: 4'47"

Filed under Today's Features.
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