Computerization, Composition of Employment, and Structure of Wages

Technology investment has been consistently growing since the 1950s when the mainframe started to impact the organization followed by the introduction of the PC in the early 1980s. Mainframes and minicomputers evolved into a distributed environment, which later gave way to the mobile platform, and to the machine to machine interactions. We study the impact of these technology episodes on US labor market trends. We focus on the composition of employment, varying compensation premiums across occupations, as well as a declining labor income share. We isolate some job attributes which have resisted computerization.