Figures from the Annual Survey of Hours and Earnings (ASHE) published last week have shed a bit more light on the job polarisation question. Those clever people at the Resolution Foundation have added the ONS figures to this interactive gizmo so that you can see the effect of the fall in wages on different groups of workers.
Since the recession, pay has fallen in real terms among all groups but the median hourly wage for professional occupations is now lower, in real terms, than it was in 1998. It is still higher than that of any other occupational group but the differential has been eroded. Something similar has happened for the associate professional and technical group.
The fall in professional earnings is probably even sharper than the ASHE figures suggest. Much of the growth in self-employment since the recession has come from the managerial, professional and technical occupational groups. Given that self-employment incomes
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